Spandana Sphoorty Financial Limited (SPANDANA) — Announcement

· NSE 🔴 High Importance Neutral
📢 Key Event
Crisil reaffirmed BBB+/Stable rating and cut total bank loan limit to Rs.1,000 crores.
🔄 What Changed
Reduced total bank loan limit from Rs.1,700 crores to Rs.1,000 crores.
💡 Investor Takeaway
The rating remains stable but reduced borrowing capacity may pressure liquidity and growth funding.

Spandana Sphoorty Financial Limited announced that Crisil Ratings reaffirmed its BBB+/Stable rating but reduced the total bank loan facility limit from Rs.1,700 crores to Rs.1,000 crores, reflecting tighter credit access amid evolving market conditions.

📄 View Original Announcement (PDF)

About Spandana Sphoorty Financial Limited (SPANDANA)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,863.92 Cr P/E: -4.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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