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SHALABH SAXENA EXIT
Microfinancier Spandana Sphoorty faces slow recovery amid CEO exit, high employee turnoverSpandana Sphoorty Financial faces a challenging recovery due to leadership changes and high employee turnover, impacting operational effici...- Spandana Sphoorty to raise Rs 400 crore via rights issue for FY26 plansSpandana Sphoorty Financial will raise up to Rs 400 crore through a rights issue as part of its Rs 750 crore FY26 equity plan. Board meets ...
- Spandana Sphoorty MD Shalabh Saxena resigns, Ashish Damani takes charge as interim CEOSpandana Sphoorty Financial's MD, Shalabh Saxena, has resigned to explore new career paths, prompting the appointment of Ashish Kumar Daman...
- Padmaja Reddy rules out signing non-compete clause with present Spandana Sphoorty managementReddy founded Spandana in 1998 and successfully revived it to one of the country’s biggest microfinance lenders after going through the ord...
- Promoter-investor tussle hits Spandana Sphoorty MFIThe board of Spandana has accepted MD Padmaja G Reddy's resignation with immediate effect. It will be hiring an eminent industry veteran as...
- How border wars are splitting pariwars on WhatsAppWhatsApp is a new war front as politics is now sorting friends and families into enemy camps.
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