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Spandana Sphoorty Financial Ltd
Galaxy, Wing B, 16th Floor, Plot No.1, S
Phone: +91 4045474750p:+91 4045474750 HYDERABAD, 500081  India Ticker: SPANDANASPANDANA
Business Summary
Spandana Sphoorty Financial Limited is an India-based rural-focused non-banking financial company and a microfinance lender (NBFC-MFI). The Company's business lines include joint liability group (JLG)- based microfinance and loan against property (LAP). The Company offers income generating loans under the joint liability group (JLG) model (Chetana), predominantly to women from low-income households in rural areas. Its Chetana product offers flexible repayment - weekly/monthly with no prepayment penalty, loan tenure - 12 to 30 months, and interest rate - 25% per annum. Its LAP is offered through its subsidiary, Criss Financial Ltd. Its LAP is designed to fulfill the diverse needs of small entrepreneurs, which includes acquiring equipment, renovating or expanding office space, or utilizing for working capital. The Company's LAP's loan tenure is 1-10 years.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20243/31/2024Yes----

Industries
SIC Code Description
6141 Personal credit institutions
6163 Loan brokers

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board AbantiMitra 46 11/22/2021 8/24/2017
President, Chief Financial Officer Ashish K.Damani 3/19/2022 3/19/2022
Chief Executive Officer, Managing Director, Executive Director ShalabhSaxena 3/19/2022 3/19/2022
12 additional Officers and Directors records available in full report.

Business Names
Business Name
542759
SPANDANA
Spandana Sphoorty Financial Ltd.

General Information
Number of Employees: 13,097 (As of 3/31/2024)
Outstanding Shares: 71,305,144 (As of 9/30/2024)
Shareholders: 35,704
Stock Exchange: NSE


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Tuesday, December 3, 2024