Satin Creditcare Network Limited has allotted USD 20 million in secured, rated, listed, redeemable, non-convertible bonds on a private placement basis to BlueOrchard Microfinance Fund. The Working Committee of the Board of Directors approved the allotment on May 27, 2026. The issuance comprises 2,000 bonds with a face value of USD 10,000 each.

The bonds are denominated in United States Dollars and are classified as non-convertible. This allotment follows an earlier intimation dated May 6, 2026. The disclosure was made to the National Stock Exchange of India Ltd and BSE Limited in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bond Allotment Details

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.