Satin Creditcare Network Limited — Important, 14-07-2025: Committee Meeting Updates

Satin Creditcare Network's working committee has approved terms for issuing subordinated, unsecured, non-convertible debentures (NCDs) via private placement. The initial issuance is for INR 50 Crore, with a greenshoe option for an additional INR 25 Crore, potentially raising INR 75 Crore. These NCDs, with a face value of INR 1 lakh each, will be listed on BSE. They offer an 11.50% annual interest, payable monthly, over a 66-month tenure, maturing in January 2031. This capital raise enhances the company's financial flexibility and strengthens its resources for operations.