The inventory closed Friday at 305.95 apiece.
The microfinance firm will launch the Rs 400-crore rights problem on August 1. Shareholders will get 10 rights fairness shares for each 41 shares held. The face worth of the shares is Rs 10.
Its fairness share will develop by 89 million to 71 million, if the rights problem is subscribed absolutely.
The difficulty will stay open till August 11. The board can have the fitting to increase the problem time limit as much as 30 days, the corporate mentioned in a regulatory submitting.
That is a part of the microfinance firm’s plan to lift as much as Rs 750 crore in fairness in FY26.Spandana is going through extreme stress in asset high quality, as do different microfinance lenders. It suffered a Rs 1,035-crore annual web loss in FY25 whereas its gross unhealthy mortgage ratio jumped to five.63% of the whole portfolio.Interim chief govt Ashish Damani had earlier mentioned that principal promoter Kedaara Capital is predicted to take part within the rights problem.
Kedaara holds 48% within the firm.
