Satin Creditcare Network Limited has scheduled a Board Working Committee meeting for March 16, 2026, to consider a significant fund raising initiative through the private placement of non-convertible debentures. The company formally notified stock exchanges about this development on March 11, 2026, ensuring compliance with regulatory disclosure requirements.

Meeting Details and Regulatory Compliance

The Working Committee meeting has been convened 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.

Proposed Debenture Structure

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

Key Features of Proposed NCDs

• Listing Status: Listed non-convertible debentures
• Security Options: Secured or unsecured structure
• Issuance Method: Private placement basis
• Regulatory Compliance: Full adherence to SEBI guidelines

Corporate Communication and Disclosure

The notification was signed by Vikas Gupta, Company Secretary and Chief Compliance Officer, demonstrating the company's commitment to proper corporate governance and regulatory compliance. The communication was simultaneously sent to both the National Stock Exchange of India Limited and BSE Limited, ensuring comprehensive market disclosure.

This fund raising initiative represents Satin Creditcare Network Limited's strategic approach to capital management and business expansion through debt instruments. The private placement route offers advantages in terms of timing flexibility and targeted investor engagement while maintaining regulatory compliance standards.

Satin creditcare Network Limited's wholly owned subsidiary, Satin Finserv Limited (SFL), has demonstrated exceptional fundraising performance with strategic milestones that reinforce market confidence in its growth trajectory. The company has successfully mobilized approximately Rs. 260 crores in the last three months, marking its strongest fundraising performance to date.

Strategic Fundraising Achievements

SFL has accomplished several significant milestones in its capital mobilization efforts. The company successfully issued Rs. 50 crores in Non-Convertible Debentures (NCDs) featuring a unique per-debenture face value of Rs. 10,000, representing the first such structure for the organization.

Shareholders provided approval at the Extraordinary General Meeting to enhance the NCD issuance limit to an aggregate outstanding of Rs. 600 crores, up from the previous Rs. 200 crores. This substantial increase signals strong alignment with the company's strategic priorities and growth ambitions.

Financial Strength and Market Position

SFL maintains robust financial fundamentals that support its expansion strategy. The company reported a strong Capital Adequacy Ratio of 36.1% as of December 2025, providing a solid foundation for sustained expansion and stability. As of December 2025, SFL manages an Assets Under Management (AUM) of Rs. 728 crores, with on-book AUM standing at Rs. 698 crores.

MSME Market Expansion Strategy

The company is advancing its growth strategy by expanding its product range to capitalize on India's thriving MSME financing market. SFL places strategic emphasis on sustainability financing solutions that support the low-carbon economy transition. The approach combines realigned processes with advanced technology adoption to position the company for accelerated expansion and profitable, impact-driven returns.

Mr. Pramod Marar, Whole Time Director & CEO of SFL, emphasized the significance of these developments: "This robust funding momentum represents a pivotal step forward, expanding our investor reach and fortifying our funding pipeline further reinforcing stakeholder confidence in our strategy and execution. We remain committed to growing responsibly by diversifying our funding sources, strengthening our balance sheet, and empowering more MSMEs with practical, reliable, and sustainable solutions."

Leadership Perspective and Group Support

Dr. HP Singh, Chairman cum Managing Director of Satin Creditcare, highlighted the broader strategic vision: "Our commitment to diversification across the Group is being affirmed in a meaningful way, with SFL's progress underscoring the strength of this vision. The impressive fundraising traction SFL has received demonstrates clear market confidence in its chosen direction. As a Group, we continue to extend unwavering support to our subsidiaries, ensuring they scale with strength and clarity."

Company Background and Market Presence

Incorporated in January 2019, SFL operates as a wholly owned subsidiary of Satin Creditcare Network Limited, one of India's leading NBFC-MFIs. The company has established a proven track record of six years of profitable operations in the MSME financing space. SFL maintains operational presence across 14 states through a network of 121 branches and has been listed on the BSE debt market since March 2024, demonstrating its financial strength and commitment to transparency.