Satin Creditcare Network has informed that the Working Committee of Board of Directors in their meeting held on March 21, 2016 has considered and approved the Allotment of 1,400,000 Equity Shares to the persons belonging to Non-Promoter group pursuant to conversion of 1,400,000 Fully Convertible Warrants, along with the other items of Agenda.
The above information is a part of company’s filings submitted to BSE.