Fresh trouble brewing at Spandana Sphoorty: Padmaja Reddy to challenge preferential allotment to Kedaara Capital

Microfinance lender Spandana Sphoorty Financial faces fresh troubles over fundraising as some minority shareholders get ready to challenge the plan to allot preference shares in favour of private equity firm Kedaara Capital, the principal investor with 45.5% holding.

from Stocks-Markets-Economic Times https://ift.tt/hWi53rX
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