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Wednesday, November 26, 2025 , BSE Sensex : 85,609.32 85,609.32(1.21%) , Adani Ports : 1,507.40 1,507.40(1.59%) , Asian Paints : 2,873.35 2,873.35(-0.09%) , Axis Bank : 1,290.55 1,290.55(1.94%) , Bajaj Finance : 1,010.00 1,010.00(2.43%) , Bajaj Finserv : 2,084.95 2,084.95(2.69%) , Bharat Electron : 415.30 415.30(1.26%) , Bharti Airtel : 2,126.50 2,126.50(-1.59%) , Eternal Ltd : 306.65 306.65(1.36%) , HCL Technologies : 1,619.35 1,619.35(1.17%) , HDFC Bank : 1,004.20 1,004.20(1.45%) , Hind. Unilever : 2,426.40 2,426.40(0.52%) , ICICI Bank : 1,374.70 1,374.70(1.23%) , Infosys : 1,558.00 1,558.00(1.83%) , ITC : 402.35 402.35(0.41%) , Kotak Mah. Bank : 2,105.05 2,105.05(1.67%) , Larsen & Toubro : 4,056.55 4,056.55(1.52%) , M & M : 3,688.50 3,688.50(0.52%) , Maruti Suzuki : 16,119.75 16,119.75(1.49%) , NTPC : 326.40 326.40(0.83%) , Power Grid Corpn : 274.85 274.85(0.44%) , Reliance Industr : 1,570.00 1,570.00(2.01%) , SBI : 982.75 982.75(-0.05%) , Sun Pharma.Inds. : 1,805.00 1,805.00(1.88%) , Tata Motors PVeh : 359.00 359.00(1.86%) , Tata Steel : 169.55 169.55(1.92%) , TCS : 3,163.00 3,163.00(1.38%) , Tech Mahindra : 1,521.00 1,521.00(1.73%) , Titan Company : 3,899.50 3,899.50(1.22%) , Trent : 4,292.00 4,292.00(1.12%) , UltraTech Cem. : 11,761.75 11,761.75(1.65%) ,

Nifty 50 : 26,213.50 328.70(1.27%) , Adani Enterp. : 2,316.20 -16.70(-0.72%) , Adani Ports : 1,506.20 22.30(1.50%) , Apollo Hospitals : 7,398.00 67.50(0.92%) , Asian Paints : 2,873.80 -2.00(-0.07%) , Axis Bank : 1,290.00 23.70(1.87%) , Bajaj Auto : 9,168.00 120.00(1.33%) , Bajaj Finance : 1,011.70 25.50(2.59%) , Bajaj Finserv : 2,085.70 55.50(2.73%) , Bharat Electron : 415.20 4.95(1.21%) , Bharti Airtel : 2,127.30 -34.30(-1.59%) , Cipla : 1,525.00 17.50(1.16%) , Coal India : 377.50 7.45(2.01%) , Dr Reddy's Labs : 1,250.30 14.20(1.15%) , Eicher Motors : 7,208.00 -10.50(-0.15%) , Eternal Ltd : 307.00 4.70(1.55%) , Grasim Inds : 2,744.80 58.00(2.16%) , HCL Technologies : 1,618.70 17.60(1.10%) , HDFC Bank : 1,004.40 14.60(1.48%) , HDFC Life Insur. : 788.35 21.80(2.84%) , Hind. Unilever : 2,426.10 12.00(0.50%) , Hindalco Inds. : 800.50 11.15(1.41%) , ICICI Bank : 1,375.50 17.70(1.30%) , Infosys : 1,558.10 27.50(1.80%) , Interglobe Aviat : 5,918.50 143.50(2.48%) , ITC : 402.35 1.55(0.39%) , Jio Financial : 308.00 7.20(2.39%) , JSW Steel : 1,154.70 42.70(3.84%) , Kotak Mah. Bank : 2,101.30 31.40(1.52%) , Larsen & Toubro : 4,064.40 67.70(1.69%) , M & M : 3,688.20 18.90(0.52%) , Maruti Suzuki : 16,172.00 283.00(1.78%) , Max Healthcare : 1,161.80 3.70(0.32%) , Nestle India : 1,277.00 13.80(1.09%) , NTPC : 326.20 2.50(0.77%) , O N G C : 247.90 2.55(1.04%) , Power Grid Corpn : 275.20 1.75(0.64%) , Reliance Industr : 1,569.80 30.10(1.95%) , SBI : 984.00 0.40(0.04%) , SBI Life Insuran : 2,029.30 -1.70(-0.08%) , Shriram Finance : 857.90 19.65(2.34%) , Sun Pharma.Inds. : 1,806.70 29.90(1.68%) , Tata Consumer : 1,185.50 7.80(0.66%) , Tata Motors PVeh : 359.20 6.75(1.92%) , Tata Steel : 169.88 3.55(2.13%) , TCS : 3,160.90 41.70(1.34%) , Tech Mahindra : 1,520.70 26.00(1.74%) , Titan Company : 3,902.70 47.60(1.23%) , Trent : 4,295.00 51.10(1.20%) , UltraTech Cem. : 11,764.00 184.00(1.59%) , Wipro : 250.14 4.50(1.83%) , Wednesday, November 26, 2025

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25-Nov-2025     14:53
Spandana Sphoorty gains on appointing Venkatesh Krishnan as MD & CEO

The appointment was made based on the recommendation of the nomination & remuneration committee and approved by the board of directors in its meeting held on 25 November 2025. The terms of appointment, including remuneration, are subject to shareholder approval.

The company also informed that Ashish Kumar Damani, who was earlier serving as interim CEO, will continue in his role as president & chief financial officer (CFO) of the company.

Venkatesh Krishnan, the newly appointed MD & CEO of Spandana Sphoorty Financial, is a highly accomplished Chartered Accountant with over 34 years of experience in the financial services sector across leading institutions and diverse roles. He brings strong expertise in financial inclusion and rural banking, having previously headed the Microfinance division at HDFC Bank from 2018, where he led key initiatives such as low-cost branches, undergraduate hiring programs, and the creation of a unified technology platform. He has also held senior leadership positions including head of branch banking at hsbc and chief distribution officer at L&T Insurance, gaining wide-ranging experience across assets, liabilities, and NBFC operations.

Spandana Sphoorty Financial is primarily engaged in the business of microfinance, providing small-value unsecured loans to low-income customers in semi-urban and rural areas.

The company reported consolidated net loss of Rs 249.13 crore in Q2 FY26 as against net loss of Rs 216.32 crore in Q2 FY25. Net sales slipped 65.9% year on year to Rs 239.49 crore in Q2 FY26 over Q2 FY25.

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