Satin Creditcare Network Limited — Important, 14-08-2025: Committee Meeting Updates

Satin Creditcare Network's working committee has approved the issuance of subordinated, unsecured, non-convertible debentures (NCDs) through a private placement. The company aims to raise up to INR 75 Cr, which includes a green shoe option of up to INR 45 Cr. These NCDs, with a face value of INR 1,00,000 each, will offer an 11.50% annual interest rate and mature in 84 months. They are unsecured and will be listed on BSE. This fundraising initiative will bolster the company's financial operations.