Satin Creditcare Network rises as its arm inks pact to acquire upto 76.40% stake in QTrino Labs

Satin Creditcare Network is currently trading at Rs. 149.95, up by 0.85 points or 0.57% from its previous closing of Rs. 149.10 on the BSE.

The scrip opened at Rs. 146.05 and has touched a high and low of Rs. 151.00 and Rs. 145.60 respectively. So far 3816 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 176.00 on 19-May-2025 and a 52 week low of Rs. 131.40 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 156.00 and Rs. 145.60 respectively. The current market cap of the company is Rs. 1626.68 crore.

The promoters holding in the company stood at 36.17%, while Institutions and Non-Institutions held 8.70% and 55.13% respectively.

Satin Creditcare Network’s wholly owned subsidiary -- Satin Technologies (STL) has entered into a Share Subscription-cum-Shareholders Agreement on January 17, 2026, to acquire upto 76.40% equity share capital of QTrino Labs (QTrino), in one or more tranches. QTrino Labs is an IIT incubated deep-tech cybersecurity star-tup engaged in the development of cost-effective, cutting-edge, quantum-safe security solutions for enterprises and government institutions. Operating in a rapidly evolving and high-growth technology segment, QTrino brings advanced cybersecurity capabilities that align strongly with STL’s long-term technology vision.

The proposed acquisition of a majority stake in QTrino will enable STL to expand its business footprint in advanced technology and cybersecurity domains, strengthen its solution offerings and enhance the overall technology resilience of the Satin Group. Upon completion of the transaction, QTrino will be consolidated as a subsidiary, marking the Group’s strategic entry into technology-driven cybersecurity businesses.

Guided by a forward-looking philosophy, the Satin Group continues to anticipate change, embrace innovation and invest in future-ready capabilities. Technology has remained central to the Group’s strategy, enabling smarter solutions, enhanced operational resilience, and sustainable growth. This acquisition reflects Satin’s belief that innovation and responsible growth are deeply interconnected, shaping a future that is inclusive, resilient and digitally empowered.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.