Satin Creditcare Network Ltd

Satin Growth Alternatives Limited (SGAL), a subsidiary of Satin Creditcare Network Limited (SCNL), has made its inaugural investment of ₹5 crore into Indic Wisdom, a woman-founder led company specializing in traditionally crafted food products from native Indian oilseeds. The investment, structured as Non-Convertible Debentures (NCDs) and Compulsorily Convertible Preference Shares (CCPS), aims to scale Indic Wisdom's manufacturing capacity and expand its offline distribution. Indic Wisdom, known for its presence on quick-commerce and e-commerce platforms, has demonstrated over 2x annual revenue growth. This marks SGAL's first deployment from its Category II Alternative Investment Fund, focusing on providing quasi-debt and equity-linked capital to growth-stage businesses. The partnership is expected to accelerate Indic Wisdom's journey towards achieving ₹200 crore ARR.

Satin Growth Alternatives Limited (SGAL), a subsidiary of Satin Creditcare Network Limited (SCNL), has announced the first close of its women-led Category II Alternative Investment Fund (AIF). The fund achieved this milestone within four and a half months of receiving SEBI registration. It focuses on sustainability, inclusion, and impact, targeting India's 'Missing Middle' by providing structured, quasi-debt and equity-linked capital to growth-stage businesses. The fund has secured commitments from a diverse group of HNIs and institutional investors, including Blueboard, Paisalo, Nupur Recyclers Limited, Tomorrow's India, and SCNL. SGAL leverages SCNL's distribution network and aims to generate risk-adjusted returns while supporting women-led ventures and sustainable development.

Satin Creditcare Network Ltd announced the appointment of Mr. Paramjit Singh Nayyar as Chief Human Resource Officer (CHRO) and Senior Management Personnel, effective August 6, 2026. Mr. Nayyar brings over 26 years of experience in HR leadership across various industries, including NBFCs and insurance. Concurrently, the company approved amendments to the Trust Deed of the Satin Employees Welfare Trust, including the induction of Mr. Nayyar as a Trustee. These changes were approved via circular resolutions by the Board of Directors.

Satin Creditcare Network Limited (SCNL) has initiated a significant flood relief effort in Assam, committing ₹1 crore to aid approximately 15,000 families affected by recent floods. The initiative, covering 200 villages across Sivasagar, Charaideo, and Jorhat districts, involves the distribution of essential relief materials such as food, water, mosquito nets, and sanitary supplies. A fleet of 15 relief vehicles has been deployed, supported by 150 SCNL employees. The company, which has a presence in Assam since 2017 and operates 227 branches across the Northeast, emphasizes its commitment to community support beyond core financial services. This CSR activity highlights SCNL's dedication to social responsibility and its long-standing engagement with the communities it serves.

Satin Creditcare Network Limited has announced the allotment of 38,50,000 Fully Convertible Warrants on a preferential basis to Trishashna Holdings & Investments Pvt Ltd, along with other Promoter and Promoter Group entities. This transaction, disclosed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, involves entities belonging to the promoter group. The warrants, upon conversion, will entitle the holders to receive equity shares of the company. The total equity share capital and total voting capital of the company remain unchanged post-allotment, but the diluted share capital will increase upon conversion of these warrants.

Satin Creditcare Network Limited announced the allotment of 38,50,000 Fully Convertible Warrants to Trishashna Holdings & Investments Private Limited, an entity within the Promoter & Promoter Group. The allotment was made on a preferential basis at an issue price of INR 260 per warrant, aggregating to INR 100,10,00,000. This move is expected to increase the company's paid-up equity share capital on a fully diluted basis to INR 1,14,32,09,650, comprising 11,43,20,965 equity shares of INR 10 face value each, assuming full conversion of the warrants. The Working Committee of the Board of Directors approved this allotment during their meeting held on August 3, 2026.

Satin Finserv Limited (SFL), a subsidiary of Satin Creditcare Network Limited (SCNL), has successfully mobilized over ₹650 crore in Year-to-Date FY27 through a combination of debt and equity. In Q1 FY27, SFL raised ₹345 crore in borrowings. Further strengthening its capital market presence, SFL raised approximately ₹200 crore in July 2026, including two Non-Convertible Debenture (NCD) transactions totaling ₹160 crore. These NCD issuances included a significant ₹75 crore single transaction and another ₹85 crore transaction involving three investors. Additionally, SCNL infused ₹120 crore in equity into SFL, comprising ₹50 crore in May 2026 and ₹70 crore in July 2026. This capital infusion strengthens SFL's balance sheet and supports its growth strategy, reflecting strong confidence from lenders, investors, and shareholders.

Satin Creditcare Network Limited (SCNL) announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported a consolidated Profit After Tax (PAT) of ₹123 Crores, a significant 172% increase year-on-year, marking its 20th consecutive profitable quarter. Consolidated Assets under Management (AUM) grew by 27.5% YoY to ₹15,935 Crores, while disbursements surged by 55.9% YoY to ₹3,495 Crores. Total revenue saw a 21.7% YoY increase to ₹827 Crores. The company also highlighted improvements in asset quality, with PAR 1 reducing to 3.0% and credit costs decreasing. Promoters are set to infuse ₹100 Crores in equity, demonstrating strong commitment. SCNL expanded its footprint by entering Kerala.

Satin Creditcare Network Ltd announced its unaudited financial results for the quarter ended June 30, 2026, both on a standalone and consolidated basis. The Board of Directors approved these results following a recommendation from the Audit Committee. The company also submitted a Limited Review Report with an unmodified opinion from its statutory auditors, M/s J C Bhalla & Co. The trading window for securities will remain closed until 48 hours after the announcement. The results are available on the company's website.

Satin Creditcare Network Ltd announced its unaudited financial results for the quarter ended June 30, 2026, both on a standalone and consolidated basis. The Board of Directors approved these results following a recommendation from the Audit Committee. The company also submitted a Limited Review Report with an unmodified opinion from its statutory auditors, M/s J C Bhalla & Co. The trading window for securities will remain closed until 48 hours after the announcement. The results are available on the company's website.