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iOS 26 beta now available: How to download, eligible iPhones, final release date
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iOS 26 beta now available: How to download, eligible iPhones, final release date

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Spandana Sphoorty Financial Limited, a non-banking financial company (NBFC) in India, has announced plans to launch a rights issue of up to Rs 400 crore. The rights issue will be offered at a significant discount to the current market price of the company's shares. According to reports, the rights issue will be offered at a price of Rs 140-150 per share, which is a steep discount of around 30-40% to the current market price of the company's shares. The company's shares were trading at around Rs 240-250 per share on the BSE and NSE before the announcement. The rights issue is expected to help the company raise capital to meet its business growth plans and strengthen its balance sheet. The company plans to use the proceeds from the rights issue to fund its lending activities, pay off debts, and meet other business expenses. The rights issue will be open to existing shareholders of the company, who will be eligible to subscribe to the new shares in proportion to their existing shareholding. The issue is expected to be launched in the coming weeks and will be open for subscription for a period of around 2-3 weeks. Spandana Sphoorty Financial Limited is a leading microfinance institution in India, providing financial services to low-income households and small businesses. The company has a strong presence in the southern states of India and has been growing rapidly in recent years. The company's decision to launch a rights issue at a steep discount is likely to be a positive move for the company, as it will help to raise capital at a lower cost and reduce the company's debt burden. However, the discount may also be a negative for existing shareholders, who may see the value of their holdings diluted as a result of the issue. Overall, the rights issue is expected to be a significant development for Spandana Sphoorty Financial Limited and its shareholders, and will be closely watched by investors and analysts in the coming weeks.
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Spandana Sphoorty Financial Limited, a non-banking financial company (NBFC) in India, has announced plans to launch a rights issue of up to Rs 400 crore. The rights issue will be offered at a significant discount to the current market price of the company’s shares. According to reports, the rights issue will be offered at a price of Rs 140-150 per share, which is a steep discount of around 30-40% to the current market price of the company’s shares. The company’s shares were trading at around Rs 240-250 per share on the BSE and NSE before the announcement. The rights issue is expected to help the company raise capital to meet its business growth plans and strengthen its balance sheet. The company plans to use the proceeds from the rights issue to fund its lending activities, pay off debts, and meet other business expenses. The rights issue will be open to existing shareholders of the company, who will be eligible to subscribe to the new shares in proportion to their existing shareholding. The issue is expected to be launched in the coming weeks and will be open for subscription for a period of around 2-3 weeks. Spandana Sphoorty Financial Limited is a leading microfinance institution in India, providing financial services to low-income households and small businesses. The company has a strong presence in the southern states of India and has been growing rapidly in recent years. The company’s decision to launch a rights issue at a steep discount is likely to be a positive move for the company, as it will help to raise capital at a lower cost and reduce the company’s debt burden. However, the discount may also be a negative for existing shareholders, who may see the value of their holdings diluted as a result of the issue. Overall, the rights issue is expected to be a significant development for Spandana Sphoorty Financial Limited and its shareholders, and will be closely watched by investors and analysts in the coming weeks.

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Xiaomi Android 16 update eligible devices
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Xiaomi Android 16 update eligible devices

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OnePlus Android 16 Update - Eligible Devices
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OnePlus Android 16 Update – Eligible Devices

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Google Pixel 6a Owners Eligible for $100 Cash or $150 Store Credit Under Battery Performance Programme
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Google Pixel 6a Owners Eligible for $100 Cash or $150 Store Credit Under Battery Performance Programme

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