
Board Meeting18 Jun 2026, 08:25 am
Satin Creditcare to Consider ₹5,000 Cr Fund Raise via NCDs
AI Summary
Satin Creditcare Network Ltd has announced a Board of Directors meeting scheduled for June 23, 2026. The primary agenda item is to consider and approve a significant fundraising initiative through the issuance of Non-Convertible Debentures (NCDs). The company plans to raise up to INR 5,000 Crore in one or more tranches via private placement. This move is subject to necessary approvals from shareholders and statutory authorities, indicating a strategic step towards bolstering its financial resources.
Key Highlights
- Board meeting scheduled for June 23, 2026.
- Proposal to raise up to INR 5,000 Crore.
- Fundraising via Non-Convertible Debentures (NCDs).
- Issuance to be on a private placement basis.
- Subject to shareholder and regulatory approvals.
Price Impact
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