Spandana Sphoorty Sets Record Date August 19, 2026 for Final Call on Partly Paid Shares
Spandana Sphoorty Financial Limited'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 August 19, 2026. This call relates to shares issued on a rights basis.
The call on partly paid shares is a significant financial event for the company and affected shareholders, as it requires them to pay the remaining amount. This impacts the company's cash flow and shareholders' investment.
The announcement is a procedural step related to a previous rights issue, confirming a record date for a call on partly paid shares. It does not inherently present new positive or negative financial information.
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 the company's partly paid-up equity shares. The call amount is ₹115.00 per share, which includes ₹5.00 towards face value and ₹110.00 towards premium. This call is for 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 determine the entitlement of holders of partly paid-up equity shares (ISIN: IN9572J01019) who will receive the First and Final Call notice.
The board meeting commenced at 4:00 p.m. and concluded at 4:15 p.m. on August 5, 2026.
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Spandana Sphoorty Financial Limited filed this with the NSE as a statutory disclosure, categorised under rights issue. 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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