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Satin Creditcare Network informs about outcome of working committee meeting

20 Mar 2026 Evaluate
Satin Creditcare Network has informed that Working Committee of Board of Directors of Satin Creditcare Network (the Company), in its meeting held today, i.e. Friday, March 20, 2026, has considered and approved the terms and conditions for issuance of 5,000 subordinated, unsecured, listed, rated, taxable, transferable, redeemable, non-convertible debentures denominated in Indian Rupees, having a face value of INR 1,00,000 each and an aggregate nominal value of INR 50,00,00,000 including a green shoe option of up to 2,500 subordinated, unsecured, rated, listed, taxable, redeemable, transferable, non-convertible debentures denominated in INR, having a face value of INR 1,00,000 each and an aggregate nominal value of INR 25,00,00,000  (the Green Shoe Option (Subordinated)) or such other number, face value or amounts as may be agreed (Subordinated Debentures or Subordinated NCDs) on a private placement basis (the Issue (Subordinated)).

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Power Finance Corpn. 346.00
REC 311.40
NHIT 171.00
Satin Creditcare Net 219.70
IFCI 76.57
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