ALPHA TRIBE

Satin Creditcare Network LimitedBoard Meeting, 23-07-2025: Outcome of Board Meeting

23-07-2025 | 05:35 pm

Satin Creditcare Network's board has approved the incorporation of a new Wholly Owned Subsidiary, "Satin Growth Alternatives Limited," with an authorized capital of ₹3 crore. This strategic move aims to diversify revenue by allowing the company to enter the alternative investment space. The subsidiary will act as an investment manager and/or sponsor to an Alternative Investment Fund (AIF), leveraging Satin's existing financial expertise in the regulated asset management sector. This expands their business beyond core microfinance.

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