Satin Creditcare Network Limited has announced a significant fundraising initiative through the issuance of subordinated debentures. The company's Working Committee of Board of Directors, in its meeting held on March 20, 2026, approved the terms and conditions for raising funds through debt instruments on a private placement basis.

Debenture Issue Structure

The approved issuance comprises subordinated, unsecured, listed, rated, taxable, transferable, redeemable, non-convertible debentures with comprehensive features designed to attract institutional investors.

Financial Terms and Timeline

The debentures offer attractive terms for investors with a competitive interest rate and structured payment schedule. The instruments are designed with a medium-term maturity profile suitable for institutional investment portfolios.

Key Features and Investor Protection

The debentures incorporate several investor-friendly features and protection mechanisms. In case of payment delays exceeding three months from the due date, the company will pay additional interest at 2% per annum over the base interest rate on outstanding principal amounts until the default is cured.

The instruments will be:

• Subordinated and unsecured in nature
• Rated and listed for transparency and liquidity
• Transferable allowing secondary market trading
• Redeemable on a pari passu basis on the final redemption date

Regulatory Compliance

The announcement was made in compliance with Regulations 30 & 51 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The board meeting commenced at 12:20 PM and concluded at 12:50 PM on March 20, 2026, with Company Secretary & Chief Compliance Officer Vikas Gupta signing the regulatory filing.

The debenture issuance represents a strategic move by Satin Creditcare Network Limited to strengthen its capital base through debt financing, providing the company with additional resources for business expansion and operational requirements.

Satin Creditcare Network Limited has rescheduled its Board Working Committee meeting to March 20, 2026, to consider fund raising through the private placement of non-convertible debentures. The company informed stock exchanges about the new meeting date through an official communication dated March 17, 2026.

Meeting Details and Regulatory Framework

The Board Working Committee meeting will be held on Friday, March 20, 2026, in accordance with Regulations 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda focuses on considering and approving a fund raising proposal through the issuance of non-convertible debentures on a private placement basis.

Fund Raising Proposal Structure

The fund raising proposal encompasses the issuance of listed non-convertible debentures with flexible security arrangements. The debentures are planned to be structured as either secured or unsecured instruments on a private placement basis, providing the company with options to optimize the offering based on market conditions and investor preferences.

Proposed NCD Features

Corporate Communication

The meeting notification was signed by Vikas Gupta, Company Secretary and Chief Compliance Officer, and communicated to both the National Stock Exchange of India Limited and BSE Limited. The company trades under the symbol SATIN on NSE and scrip code 539404 on BSE.

This rescheduling follows the company's commitment to maintaining transparency with stakeholders and ensuring proper regulatory compliance for its fund raising initiatives through the non-convertible debenture route.