Satin Creditcare Network Limited has announced a strategic acquisition that marks its entry into the cybersecurity sector. The company's wholly-owned subsidiary, Satin Technologies Limited, has entered into a Share Subscription-cum-Shareholders Agreement on January 17, 2026, to acquire up to 76.40% equity share capital of QTrino Labs Private Limited in one or more tranches.

Strategic Acquisition Details

The acquisition represents a significant milestone for Satin Technologies Limited as it expands into advanced technology domains. Upon completion of the transaction, QTrino will be consolidated as a subsidiary of Satin Technologies Limited, strengthening the overall technology ecosystem of the Satin Group.

About QTrino Labs

QTrino Labs Private Limited is an IIT-incubated deep-tech cybersecurity startup engaged in developing cost-effective, cutting-edge, quantum-safe security solutions. The company operates in a rapidly evolving and high-growth technology segment, focusing on advanced cybersecurity capabilities for enterprises and government institutions. QTrino's quantum-safe security solutions align strongly with Satin Technologies Limited's long-term technology vision.

Strategic Benefits and Vision

The proposed acquisition will enable Satin Technologies Limited to expand its business footprint in advanced technology and cybersecurity domains. The transaction is expected to strengthen solution offerings and enhance the overall technology resilience of the Satin Group. This acquisition reflects Satin's belief that innovation and responsible growth are deeply interconnected, shaping a future that is inclusive, resilient and digitally empowered.

According to Prof. (Dr.) Jawar Singh, Founder and Director of QTrino Labs, the association with Satin Group provides a powerful platform to advance quantum-safe security solutions for enterprises and government institutions. The partnership aims to strengthen cyber resilience, drive impactful innovation and contribute meaningfully to India's growing digital security ecosystem.

Management Commentary

Mr. Rupinder Kalia, Managing Director and Chief Executive Officer of Satin Technologies Limited, described this as a significant milestone in the company's journey to build advanced, future-ready technology capabilities. He emphasized that as cybersecurity becomes increasingly critical in a digitally interconnected world, QTrino's deep-tech and quantum-safe security solutions strongly complement their strategic vision.

The partnership holds potential to accelerate innovation, enhance cyber resilience, and create scalable, cost-effective security solutions for enterprises and government institutions. It positions Satin Technologies at the forefront of next-generation cybersecurity while strengthening the overall technology ecosystem of the Satin Group.

Company Background

Satin Creditcare Network Limited is a leading microfinance institution with presence in 26 states, 5 union territories and over 1,00,000 villages. The company has diversified its portfolio through various subsidiaries including Satin Housing Finance Limited for affordable housing loans, Satin Finserv Limited for MSME business, and Satin Technologies Limited for software services. As of September 30, 2025, Satin group operated 1,616 branches with a headcount of 16,950, serving 33.3 lakh clients.

Satin Creditcare Network Limited has announced that its Board Working Committee will meet on January 20, 2026, to consider a significant fund raising proposal through non-convertible debentures. The meeting has been scheduled in accordance with SEBI regulations to evaluate strategic financing options for the company.

Meeting Details and Regulatory Compliance

The Board Working Committee meeting is being convened pursuant to Regulations 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both the National Stock Exchange of India Limited and BSE Limited about this scheduled meeting through an official communication dated January 15, 2026.

Fund Raising Proposal Structure

The committee will specifically deliberate on raising funds through the issuance of listed, secured or unsecured, non-convertible debentures on a private placement basis. This financing mechanism allows the company to access debt capital markets while maintaining flexibility in terms of security arrangements.

The proposed non-convertible debentures will be structured as:

• Listed instruments for enhanced liquidity
• Available in both secured and unsecured variants
• Issued through private placement methodology
• Compliant with applicable SEBI regulations

Corporate Communication and Transparency

The formal intimation was signed by Vikas Gupta, Company Secretary and Chief Compliance Officer, demonstrating the company's commitment to regulatory transparency. The communication was digitally signed on January 15, 2026, ensuring proper documentation and compliance with corporate governance standards.

Company Background

Satin Creditcare Network Limited operates from its corporate office in Gurugram, Haryana, with its registered office located in New Delhi. The company trades on both NSE (Symbol: SATIN) and BSE (Scrip Code: 539404) and maintains its corporate identity under CIN: L65991DL1990PLC041796.

This fund raising initiative represents a strategic step in the company's capital management approach, utilizing debt instruments to support its business operations and growth objectives through the non-convertible debentures route.