Satin Creditcare Network Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/03/2026 ,inter alia, to consider and approve fund raising proposal ....
SATIN · price
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Satin Creditcare Network Ltd has informed the stock exchanges that a meeting of the Working Committee of its Board of Directors is scheduled for March 16, 2026. The key agenda item is to consider and approve a fund raising proposal through the issuance of listed, secured or unsecured, non-convertible debentures (NCDs) on a private placement basis. The intimation has been made under SEBI Listing Obligations and Disclosure Requirements Regulations. The company has not disclosed the size of the proposed issue or the coupon rate in this filing.
Shareholders should note that the company is planning to raise debt capital through NCDs, which will increase its overall debt but is a common fundraising route for NBFCs like Satin Creditcare. The impact on the stock will depend on the issue size, coupon rate, and end use of funds, which are not yet disclosed.