ALPHA TRIBE

Satin Creditcare Network LimitedImportant, 20-01-2026: Committee Meeting Updates

20-01-2026 | 11:57 am

Satin Creditcare Network's Working Committee has approved the issuance of two types of Non-Convertible Debentures (NCDs) via private placement. This includes unsecured subordinated NCDs totaling up to INR 50 crore, with an additional INR 25 crore green shoe option, offering 12% monthly interest over 66 months. Additionally, the company will issue secured senior NCDs up to INR 125 crore, plus a INR 50 crore green shoe option, at 10.50% monthly interest for 24 months, secured against loan receivables. This move aims to bolster the company's funding and support its microfinance lending activities.

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