Satin Creditcare: No Deviation in Fund Utilization for Q2 FY27

Satin Creditcare Network Ltd has filed a Statement of Deviation or Variation under SEBI (LODR) Regulations 2015 for the quarter ended September 30, 2026. The company raised INR 25,02,50,000 (25% of total issue proceeds) through the preferential issue of Fully Convertible Warrants on August 03, 2026. The Audit Committee reviewed the utilization of these funds. The filing confirms that there was no deviation or variation in the use of funds raised, which were fully utilized during the quarter for augmenting the company's capital base to meet funding requirements for onward lending in micro-finance and to maintain enhanced regulatory capital. The monitoring agency is Brickwork Ratings India Private Limited.