Spandana Sphoorty Financial Limited | BSE: 542759 / NSE: SPANDANA — Title: Intimation of Demise of Chairperson and Independent Director
Regulatory Reference: This intimation is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'). It also complies with the SEBI Master Circular dated January 30, 2026, bearing reference number HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.
Key Event: The Company deeply regrets to inform the untimely demise of Ms. Abanti Mitra (DIN: 02305893), Chairperson and Independent Director of the Company. The date of demise is July 13, 2026.
Tenure and Roles:
- Ms. Mitra had been associated with the Company since 2012.
- She was first appointed as a Director from November 20, 2012, to November 01, 2016.
- She was subsequently appointed as an Independent Director effective May 4, 2017.
- She had been serving as the Chairperson of the Board of Directors since November 22, 2021.
Contribution and Impact: Ms. Mitra played a critical role during challenging phases of the Company. Her contribution consistently provided strategic insights, industry best practices, and hands-on support to manage the affairs of the Company. Her sudden and unexpected passing is described as an irreparable loss to the Company.
Official Communication: The Board of Directors and Employees of the Company convey their deep sympathy, sorrow, and condolences to her family.
Annexure Details: The mandatory details as required by the SEBI circular are provided in Annexure A, which includes:
- Reason for cessation: Demise
- Date of cessation: July 13, 2026