Satin Creditcare Network Limited — Important, 15-05-2026: Committee Meeting Updates

Satin Creditcare Network's Board Working Committee has approved the issuance of up to 8,446 unsecured, subordinated, non-convertible debentures (NCDs) via a private placement. Each NCD will have a face value of ₹1 Lakh, totaling an aggregate nominal value of ₹84.46 Cr. These NCDs will carry an interest rate of 12.80% per annum, payable semi-annually, over a seven-year tenure. The debentures are proposed for listing on BSE Limited and will be redeemed in two installments. This move aims to raise capital for the company's operations and growth.