Satin Creditcare Network Limited has informed the Exchange regarding allotment of 4410 Non Convertible Debentures at its meeting held on July 17, 2025
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Satin Creditcare Network Limited has allotted 4,410 senior, secured, rated, listed, taxable, redeemable, transferable non-convertible debentures (NCDs). Each NCD has a face value of INR 1,00,000, bringing the total nominal value to approximately INR 44.10 crore. The allotment was made by the Working Committee of the Board of Directors at a meeting held on July 17, 2025. This follows an earlier intimation dated July 1, 2025. The company has not disclosed the coupon rate, investor names, or purpose of the issue in this filing.
The allotment raises about INR 44.10 crore through debt, which strengthens the company's funding base. However, without details on coupon rate or use of proceeds, the exact impact on shareholders remains unclear.