Ref: SSFL/Stock Exchange/2022-23/079
Date: September 26, 2022
To
National Stock Exchange of India Limited,
Listing Department
Exchange Plaza, C-1, Block G
Bandra Kurla Complex, Bandra (E)
Mumbai - 400051
Dear Sir/Madam,
Sub: Reply to clarification sough on outcome of the Management Committee meeting held on September 21, 2022
Ref: Company letter no.: SSFL/Stock Exchange/2022-23/73 dated September 21, 2022
This is in reply to your letter dated September 23, 2022 on the even subject, we wish to clarify as below mentioned:
In case of issuance of debt securities or other Non-Convertible securities: 1. Whether proposed to be listed? If yes, name of the stock exchange(s);
Response: Yes, the securities are proposed to be listed on or before September 29, 2022 on BSE Limited.
2. Tenure of the instrument - date of allotment and date of maturity;
Response: The Tenure of the instrument is 18 (Eighteen) months and 9 (Nine) days; being September 23, 2022 as the allotment date and April 01, 2024 the Redemption date.
3. Coupon/interest offered, schedule of payment of coupon/interest and principal;
Response: The Coupon offered is based on the performance of Reference Index of 10-Year
Government Security-6.54% GS 2032 (ISIN: IN0020210244), the coupon shall be paid on the maturity along with the principal.
4. Charge/security, if any, created over the assets;
Response: The Charge is created on the receivable of the Company to the tune of 1.10 times of the principal outstanding.
5. Special right/interest/privileges attached to the instrument and changes thereof; Response: None
6. Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal;
Response: None
7. Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any;
Response: None
8. Details of redemption of preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures.
Response: Debenture redemption date is April 01, 2024
Spandana Sphoorty Financial Limited
CIN ‐ L65929TG2003PLC040648
Galaxy, Wing B, 16th Floor, Plot No.1, Sy No 83/1, Hyderabad Knowledge City,
TSIIC, Raidurg Panmaktha, Hyderabad - 500081, Telangana
Ph: +9140‐45474750 | contact@spandanasphoorty.com | www.spandanasphoorty.com
We request you to kindly take on record the aforesaid information.
Thanking You,
Yours Sincerely.
For Spandana Sphoorty Financial Limited
Digitally signed by Ramesh
Ramesh Periasamy Periasamy
Ramesh Periasamy
Date: 2022.09.26 10:35:54 +05'30'
Company Secretary and Compliance Officer
Spandana Sphoorty Financial Limited
CIN ‐ L65929TG2003PLC040648
Galaxy, Wing B, 16th Floor, Plot No.1, Sy No 83/1, Hyderabad Knowledge City,
TSIIC, Raidurg Panmaktha, Hyderabad - 500081, Telangana
Ph: +9140‐45474750 | contact@spandanasphoorty.com | www.spandanasphoorty.com
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Spandana Sphoorty Financial Ltd. published this content on 26 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 September 2022 10:44:08 UTC.