Satin Creditcare Network Limited — Board Meeting, 12-03-2025: Outcome of Board Meeting

Satin Creditcare Network Limited has announced a board meeting outcome where it approved an enhancement of the limit for issuing Letters of Comfort or similar documents for its wholly owned subsidiary, Satin Housing Finance Limited (SHFL). The limit has increased from ₹200 crore to ₹300 crore, aimed at facilitating credit facilities for SHFL from third parties. This decision will not impose any payment obligations on the company on behalf of SHFL. The transaction is in line with an arm's length basis due to common directorship between the entities.