Satin Creditcare Reschedules Board Meeting to March 20 for NCD Fund Raising
Satin Creditcare Network Limited has rescheduled its Board Working Committee meeting from the previously planned date to March 20, 2026, to consider and approve fund raising through private placement of non-convertible debentures. The meeting will focus on issuing listed, secured or unsecured NCDs in compliance with SEBI LODR Regulations 29 and 50.
*this image is generated using AI for illustrative purposes only.
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.
| Meeting Parameter: | Details |
|---|---|
| Meeting Date: | Friday, March 20, 2026 |
| Meeting Type: | Board Working Committee |
| Primary Agenda: | Fund raising through NCD issuance |
| Regulatory Compliance: | SEBI LODR Regulations 29 & 50 |
| Communication Date: | March 17, 2026 |
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
| Feature: | Details |
|---|---|
| Listing Status: | Listed non-convertible debentures |
| Security Options: | Secured or unsecured structure |
| Issuance Method: | Private placement basis |
| Target Investors: | Qualified institutional buyers |
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.
Historical Stock Returns for Satin Creditcare
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.96% | -3.64% | -9.60% | -3.58% | -5.01% | +67.21% |
What specific business expansion or operational needs is driving Satin Creditcare's fund raising initiative through NCDs?
How might current interest rate trends and credit market conditions affect the pricing and investor appetite for these debentures?
Will this NCD issuance impact Satin Creditcare's credit rating or debt-to-equity ratio in the microfinance sector?
15
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
