Spandana Sphoorty Financial plans rights issue
Spandana Sphoorty Financial (NSE: SPANDANA) said it has taken up rights issue. The company is valued at about ₹1,999 crore.
What happened
Spandana Sphoorty Financial (NSE: SPANDANA) informed the stock exchanges on 29 September 2026 at 06:32 PM that it has taken up rights issue.
Company snapshot
Spandana Sphoorty Financial is a small-cap company, with a market value of about ₹1,999 crore.
The stock last traded at ₹225.5, against a 52-week range of ₹181.1–₹319.4 (29.4% below the high).
Before this filing the shares had moved −7.1% over the month and −16.0% over three months. Average daily turnover over the last 20 sessions was about ₹1.96 crore.
Promoters held 48.16% at the end of Q1 FY27. Foreign institutions owned 19.29% and domestic institutions 5.69%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 300 | -360.2 | -50.52 |
| Q2 FY26 | 230 | -249.2 | -32.76 |
| Q3 FY26 | 234 | -95 | -11.88 |
| Q4 FY26 | 260 | — | 0.66 |
| Q1 FY27 | 284 | — | 1.49 |
What history shows
BCEIE has no earlier fund raising filing from this company on record since May 2026.
Market-wide, 1,465 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.5%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.