Satin Creditcare Network Limited has allotted 8,446 non-convertible debentures worth ₹84.46 crore on May 26, 2026. The allotment was approved by the Working Committee of the Board of Directors. The debentures are subordinated, unsecured, rated, listed, redeemable, and transferable, with a face value of ₹1,00,000 each.

The issuance follows the company's earlier intimation dated May 15, 2026, and complies with Regulations 30 & 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The debentures are denominated in Indian Rupees and have an aggregate nominal value of ₹84,46,00,000.

The terms and conditions for the debentures are based on the general information document dated August 14, 2025, the key information document dated May 21, 2026, and the private placement offer and application letter dated May 21, 2026. A debenture trust deed was executed on May 21, 2026, between the company and Catalyst Trusteeship Limited, acting as the debenture trustee.

Key Details of the Allotment

The allotment is part of the company's ongoing capital-raising efforts. The debentures are listed on the National Stock Exchange of India Ltd. and BSE Limited. The company's scrip code is 539404, and it trades under the symbol SATIN.

Satin Creditcare Network Limited's Working Committee of the Board of Directors, in its meeting held on May 15, 2026, approved the issuance of up to 8,446 subordinated, unsecured, rated, listed, redeemable, transferable, non-convertible debentures (NCDs) on a private placement basis. The debentures are denominated in Indian Rupees, each carrying a face value of INR 1,00,000, with an aggregate nominal value of INR 84,46,00,000. The meeting commenced at 03:00 P.M. and concluded at 03:11 P.M. on the same day. The disclosure was made under Regulations 30 & 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Terms of the NCD Issuance

The following table summarises the key parameters of the proposed NCD issuance as disclosed by the company:

Coupon and Redemption Structure

The NCDs carry an interest rate of 12.80% per annum, payable on a semi-annual basis on each interest payment date in accordance with the debenture trust deed (DTD) to be executed between the company and the debenture trustee. The principal redemption is structured in two instalments on a pari passu basis:

• First instalment: Approximately 99.99% of the outstanding principal amounts payable on May 26, 2031
• Second instalment: Remaining outstanding principal amounts payable on the Final Redemption Date, i.e., May 26, 2033

Default and Additional Interest Provisions

In the event of a delay in payment of interest or principal for a period of more than three months from the due date, or a default in payment, the company will be liable to pay additional interest at the rate of 3% per annum over the applicable Interest Rate. This additional interest will be calculated on the outstanding principal amounts from the date of occurrence of the payment default until such default is cured, as per the terms set out in the Transaction Documents.

Special Rights and Other Disclosures

No special rights, interests, or privileges are attached to the debentures beyond those set out in the DTD and related Transaction Documents. As the debentures are unsecured and subordinated debt instruments, no charge or security has been created over the company's assets. There are no cancellations or terminations of the proposal, and no letters or comments regarding non-payment of interest or principal are applicable at this stage. The disclosure was made in reference to the company's earlier letter dated May 12, 2026, and in compliance with the SEBI master circular bearing reference number SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.