Satin Creditcare: Promoter warrants issue approved via postal ballot

Board & Shareholder Meetings View source PDF

SATIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+2.6%1-day move

₹255.12

prior close

₹259.00

base price

After-mkt

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AI summary

Satin Creditcare shareholders approved issuing up to 38.50 lakh fully convertible warrants to the promoter group on a preferential basis through postal ballot. Out of 4.17 crore valid votes, 99.02 percent were in favor and 0.98 percent against. Promoter votes holding 3.95 crore shares were excluded due to their interest. Resolution passed on July 4, 2026.

Likely market impact

Positive for promoters as warrant issue clears shareholder approval. May lead to dilution for public shareholders upon future conversion.