Satin Creditcare Network Limited — QIP/Rights/Pref., 17-07-2025: Allotment of Securities
17-07-2025 | 04:27 pm
17-07-2025 | 04:27 pm
Satin Creditcare Network has allotted 4,410 Non-Convertible Debentures (NCDs), a key move for fund infusion. Each NCD has a face value of ₹1 Lakh, bringing the total raised to ₹44.10 Crore. These NCDs are senior, secured, rated, and listed debt instruments. While the allotment injects significant capital into the company, the specific class of recipients for these debentures was not detailed in their announcement. This strengthens the company's financial position for future operations.
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