Spandana Sphoorty Financial Limited (SPANDANA) — Board Meeting | 20 August 2026 (2 announcements)

Spandana Sphoorty Financial Limited announced that at its August 18, 2026 AGM, shareholders approved the adoption of audited standalone and consolidated financial statements, reappointed directors Sunish Sharma and Saakshi Gera, and authorized a private placement of non-convertible debentures up to ₹4,000 crores. The reappointments include Mr. Sharma, a seasoned private equity professional with 29 years of experience and founder of Kedaara Capital, and Ms. Gera, who has 14 years of investment experience and co-leads technology sector investments at Kedaara. The NCD issuance limit was renewed for one year, valid from September 16, 2026 to September 15, 2027.

Spandana Sphoorty Financial Limited held its 23rd Annual General Meeting on August 18, 2026, where all five proposed resolutions were passed, including adoption of standalone and consolidated financial statements, appointment of directors, and issuance of non-convertible debentures on a private placement basis. The meeting concluded at 12:34 PM after starting at 11:30 AM, with voting conducted via remote e-voting and instant polling, resulting in unanimous approvals with no dissenting votes.