Satin Creditcare Network Limited has informed the Exchange regarding allotment of 6000 securities pursuant to Non Convertible Debentures at its Working Committee meeting held on August 21, 2025
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Satin Creditcare Network has allotted 6,000 subordinated, unsecured, rated, listed, taxable, redeemable, transferable non-convertible debentures (NCDs) with a face value of INR 1,00,000 each, aggregating to INR 60 crore. The allotment was made by the Working Committee of the Board on August 21, 2025, on a private placement basis. Catalyst Trusteeship Limited is acting as the debenture trustee. The issue is based on the general information document and private placement offer letter dated August 14, 2025.
This is a debt raise of ₹60 crore through subordinated NCDs, which typically count as tier-2 capital for NBFCs and will strengthen the company's capital base to support lending operations. The coupon rate is not disclosed in this filing, so investors should watch for the listing/detailed terms to assess the cost of borrowing.