Announced Wed, 28 Oct, 2026 · 17:02 IST
No deviation in use of preferential warrant proceeds
SATIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
For the quarter ended September 30, 2026, the Audit Committee found no deviation or variation in the use of INR 25,02,50,000 raised on August 3, 2026. This equals 25 percent of total proceeds for 38,50,000 fully convertible warrants priced at INR 260 each. The full amount was used as planned to strengthen the capital base for microfinance lending and regulatory capital needs. There were no auditor or Audit Committee comments.
Likely market impact
Shareholder impact is limited because the money was used as planned and no issues were reported.