Satin Creditcare Network Limited — QIP/Rights/Pref., 24-07-2025: Allotment of Securities
24-07-2025 | 05:48 pm
24-07-2025 | 05:48 pm
Satin Creditcare Network has allotted 4,000 subordinated, unsecured, non-convertible debentures (NCDs). Each debenture has a face value of ₹1 lakh, leading to a total fund infusion of ₹40 Cr. This capital was raised through a private placement, indicating strategic funding for the company. This move will bolster the company's financial liquidity, a key update for investors tracking Satin's capital-raising activities. The debentures are also rated and listed.
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