About 18 months ago, Kedaara had shelved a similar plan following allegations by Spandana founder Padmaja Gangireddy that it was selling off the company to Axis Bank at a "throw-away price".
We had mentioned in Wednesday’s closing report that Nifty and Sensex remain under pressure. On Thursday, the indices opened higher and ended with gain.
Spandana Sphoorty Financial Limited appoints MD, CEO and CFO equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.