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Satin Creditcare Network informs about outcome of board meeting

15 Jun 2023 Evaluate
Satin Creditcare Network has informed that the Working Committee of the Board of Directors of Satin Creditcare Network (the Company), in its meeting held today, Thursday, June 15, 2023, has considered and approved the terms and conditions for issuance of 2,500 (two thousand five hundred) senior, secured, rated, listed, taxable, redeemable, transferable, non-convertible debentures denominated in Indian Rupees (INR), having a face value of INR 1,00,000 (Indian Rupees One Lakh) each for an aggregate amount of INR 25,00,00,000 (Indian Rupees Twenty Five Crore) including a green shoe option (Green Shoe Option) of 1,000 (one thousand) senior, secured, rated, listed, taxable, redeemable, transferable, non-convertible debentures denominated in INR, having a face value of INR 1,00,000 (Indian Rupees One Lakh) each for an aggregate amount of INR 10,00,00,000 (Indian Rupees Ten Crore) (Debentures) on a private placement basis. Further, details required to be disclosed as per the SEBI circular number CIR/CFD/CMD/4/2015 dated September 09, 2015 are provided as Annexure-A. The meeting was commenced at 11:15 AM and concluded at 11:40 AM.

The above information is a part of company’s filings submitted to BSE.

Satin Creditcare Share Price

212.55 8.05 (3.94%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 461.00
REC 359.35
Indian Railway Fin. 106.05
NHIT 160.00
Satin Creditcare 212.55
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