Spandana Sphoorty Approves Final Call on Partly Paid-Up Shares, Sets Record Date
Spandana Sphoorty's Board approved the first and final call of ₹115.00 per share on partly paid-up equity shares. The record date for determining eligible shareholders is set for August 19, 2026. This action is related to shares issued on a rights basis.
The decision to make a final call on partly paid-up shares is a significant corporate action that directly affects shareholders who hold these shares. It is a step towards the full realization of capital from these shares, hence having a medium impact.
The announcement is a routine corporate action regarding the final call on partly paid-up shares and setting a record date. It does not contain information that would significantly impact the company's financial performance or stock price in a positive or negative way.
Spandana Sphoorty Financial Limited announced that its Board of Directors, in a meeting held on August 5, 2026, approved making the first and final call on partly paid-up equity shares. The call is for an amount of ₹115.00 per share, which includes ₹5.00 towards face value and ₹110.00 towards premium. This pertains to the outstanding partly paid-up equity shares of face value ₹10 each, originally issued on a rights basis as per the Letter of Offer dated July 18, 2025.
The Board has fixed Wednesday, August 19, 2026, as the record date. This date will be used to identify the holders of partly paid-up equity shares with ISIN IN9572J01019 who will receive the First and Final Call notice. The Board meeting commenced at 04:00 p.m. and concluded at 04:15 p.m. on August 5, 2026.
What to do with a filing like this
Spandana Sphoorty Financial Limited filed this with the NSE as a statutory disclosure, categorised under equity fundraising. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Spandana Sphoorty Financial Limited. Read the original for the full detail.