Satin Creditcare Network Ltd

Satin Creditcare Network Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, in compliance with SEBI LODR Regulations. The report, which forms part of the Integrated Annual Report, details the company's corporate identity, business activities focused on microfinance, operational presence, and employee data. The company operates on a Joint Liability Group model, providing collateral-free micro-credit to economically active women in rural and semi-urban areas, serving over 3.2 million clients across 30 states. The BRSR is prepared on a standalone basis.

Satin Creditcare Network Ltd has announced its 36th Annual General Meeting (AGM) will be held on Friday, August 7, 2026, through Video Conference (VC) / Other Audio-Visual Means (OAVM). The company is also dispatching its Integrated Annual Report for the Financial Year 2025-26 to its members. The cut-off date for determining eligibility for remote e-voting and attending the AGM is set as Friday, July 31, 2026. The annual report and AGM notice are available on the company's website.

Satin Creditcare Network Ltd. reported a strong Q1 FY27 performance with consolidated Assets Under Management (AUM) reaching approximately ₹16,000 Crores, a 27% year-on-year increase. Standalone AUM grew by 22% YoY to approximately ₹13,400 Crores. The company also saw a significant 54% YoY growth in disbursements, totaling ₹3,453 Crores. The non-MFI share increased to 19%, and the company expanded its branch network by 53 new branches. Credit cost was within guidance at 2.5%-3.0%, and GNPA improved to 2.0%-2.5%.

Satin Creditcare Network Limited has announced the closure of its trading window for designated persons and their immediate relatives. This closure is effective from Wednesday, July 1, 2026, and will remain in effect until 48 hours after the announcement of the company's un-audited financial results (standalone and consolidated) for the quarter ended June 30, 2026. The company has informed all relevant individuals not to trade in its securities during this period, in compliance with SEBI regulations and its internal code of conduct.

Satin Creditcare Network Ltd announced a significant fundraising plan through the issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹5,000 Crore. This issuance will be conducted in one or more tranches on a private placement basis within one year, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The company also approved the re-appointment of Mr. Vikas Gupta as Chief Compliance Officer for a further term of three years, effective July 11, 2026. The 36th AGM is scheduled for August 7, 2026, to be held via Video Conferencing.

Satin Creditcare Network Limited has announced its entry into Kerala, marking a significant expansion in South India. The company has launched branches in Aroor and Cherthala (Alappuzha district) and inaugurated a Circle Office in Kochi to manage operations in the state. This expansion brings Satin Creditcare's presence to 32 states and Union Territories, strengthening its footprint in South India which already includes Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana. The company aims to serve the financially underserved communities in Kerala, leveraging experienced local leadership and its established operational model.

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.

Satin Creditcare Network Limited (SCNL) announced its Board of Directors has approved a preferential issue of up to 38,50,000 Fully Convertible Warrants (FCW) to its promoter entity, Trishashna Holdings & Investments Private Limited. The issue price is set at ₹260 per warrant, aggregating to ₹100.10 crore. This price is at a premium to the market price and the SEBI-determined floor price, reflecting promoter confidence. The proceeds will strengthen SCNL's capital base and support growth. Post conversion, promoter shareholding is expected to increase from 36.17% to 38.32%. The issue is subject to shareholder approval via postal ballot.

Satin Creditcare Network Ltd's Board of Directors has approved a preferential issue of up to 38,50,000 Fully Convertible Warrants to Trishashna Holdings & Investments Private Limited, a promoter group entity. The issue price is fixed at ₹260 per warrant, aggregating to ₹100.10 crore. These warrants are convertible into equity shares within 18 months, subject to shareholder approval. The company also announced the relevant date for pricing and initiated the postal ballot process for shareholder consent.

Satin Creditcare Network Ltd announced the closure of its trading window from June 1, 2026, until 48 hours after the conclusion of a Board Meeting scheduled for June 4, 2026. The meeting will consider and approve a proposal for raising funds through the issuance of securities via preferential issue, rights issue, or other suitable modes. This decision complies with SEBI regulations and the company's code of conduct for insider trading.