Satin Creditcare Network Limited has successfully completed the allotment of non-convertible debentures worth ₹80.00 crores, marking a significant fundraising milestone for the microfinance company. The allotment was formally approved by the Working Committee of the Board of Directors on January 13, 2026.

Debenture Allotment Details

The company has allotted 80,000 non-convertible debentures with specific characteristics designed to attract institutional and retail investors. The debentures represent a substantial capital raising exercise for the company's ongoing business operations.

Key Features and Characteristics

The debentures carry multiple features that enhance their attractiveness to investors. These instruments are structured as senior, secured, rated, listed, taxable, redeemable, and transferable debentures denominated in Indian Rupees. The comprehensive feature set provides investors with security and liquidity options while offering the company access to debt capital markets.

The allotment follows the company's earlier intimation to stock exchanges dated January 5, 2026, demonstrating adherence to regulatory disclosure requirements under SEBI regulations.

Documentation and Regulatory Framework

The debenture issuance is supported by comprehensive documentation ensuring regulatory compliance and investor protection. The key documents include:

• General information document dated August 14, 2025
• Key information document dated January 8, 2026
• Private placement offer and application letter dated January 8, 2026
• Debenture trust deed dated January 12, 2026

Catalyst Trusteeship Limited serves as the debenture trustee, providing additional security and oversight for debenture holders. The company has fulfilled all regulatory requirements under Regulations 30 & 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Governance and Compliance

The allotment decision was taken by the Working Committee of the Board of Directors, reflecting the company's structured decision-making process. Company Secretary and Chief Compliance Officer Vikas Gupta signed the regulatory filing, ensuring proper corporate governance protocols were followed throughout the allotment process.

Satin Creditcare Network Limited has announced the approval of a significant fundraising initiative through Non-Convertible Debentures (NCDs). The company's board has sanctioned the release of NCDs worth ₹1.00 billion, demonstrating its commitment to strengthening its financial position and expanding its operational capabilities.

NCD Issue Structure

The approved NCD issue comes with a strategic greenshoe option, providing additional fundraising flexibility to the company. The structure of this debt instrument reflects careful financial planning aimed at optimizing capital requirements.

Strategic Financial Move

The inclusion of a greenshoe option worth ₹500.00 million allows Satin Creditcare to raise additional funds if market conditions and investor demand prove favorable. This mechanism provides the company with the flexibility to scale its fundraising based on actual market response, ensuring optimal capital utilization.

Non-Convertible Debentures represent a debt instrument that offers fixed returns to investors while providing companies with access to long-term capital without diluting equity ownership. For a microfinance institution like Satin Creditcare, this funding approach supports business expansion while maintaining existing shareholding structures.

Capital Strengthening Initiative

This NCD approval represents a significant step in Satin Creditcare's capital management strategy. The funds raised through this instrument will likely support the company's ongoing operations in the microfinance sector, enabling it to serve its customer base more effectively while maintaining regulatory compliance and operational efficiency.