Spandana Sphoorty Financial Limited has approved the transfer of a stressed loan portfolio, including written-off loans, as part of its ongoing balance sheet clean-up and risk management strategy. The decision was taken by the Management Committee of the Board of Directors through a resolution passed on December 29, 2025.
According to the company’s regulatory disclosure made in line with applicable Reserve Bank of India Master Directions, the stressed loan portfolio had an outstanding value of ₹493.55 crore as of October 31, 2025. The portfolio will be transferred to an asset reconstruction company (ARC) through the Swiss Challenge Method for a total consideration of ₹34.55 crore.
In the exchange filings, the company shared, “Management Committee of the Board of Directors of the Company vide its resolution dated December 29, 2025, has approved the transfer of stressed loan portfolio including written off loans of Rs.493.55 crore outstanding as on October 31, 2025 to an asset reconstruction company pursuant to Swiss Challenge Method for a consideration of Rs.34.55 crore.”
