Announcement under Regulation 30(LODR) - Press Release
SATIN · price
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On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 4.1 pts more than its Finance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Satin Creditcare Network Limited has raised INR 200 crore in subordinated Tier II capital for a 7-year tenure. This capital infusion strengthens the company's balance sheet and capital adequacy amid sector-wide moderation. The funds will be used to expand high-impact lending segments including Income Generating Loans and Water, Sanitation and Hygiene financing, as well as support subsidiary growth. The company, a leading microfinance institution operating across 27 states with over 1 lakh villages, serves 33.7 lakh clients through 2,015 branches. The chairman stated this reflects confidence in their operating performance and long-term strategy.
Positive for shareholders as the capital raise enhances balance sheet strength and growth capacity without immediate equity dilution. The long-tenor subordinated structure provides stability while maintaining flexibility for future capital actions.