Satin Creditcare Network Limited has secured board approval for a ₹25.00 crore additional investment in its wholly-owned subsidiary, Satin Technologies Limited (STL), following a board meeting held on December 23, 2025.

Investment Details

The company's board of directors approved the investment to support expansion, new projects, capacity building, and technology development initiatives. The investment will be made in equity shares of STL through cash infusion in one or more tranches.

About Satin Technologies Limited

Satin Technologies Limited, incorporated on August 13, 2024, operates in the Information Technology sector and remains a wholly-owned subsidiary of Satin Creditcare Network. The subsidiary has generated revenue of ₹80.00 lakh from its business operations since incorporation.

Strategic Objectives

The additional investment aims to strengthen STL's position in providing state-of-the-art digital solutions and transform business operations in the digital age. The funding will support potential acquisitions of enterprises that could enhance the group's overall market position and contribute to long-term shareholder value.

STL focuses on harnessing technology to drive efficiency, scalability, and customer satisfaction, positioning itself to meet evolving business needs in the digital transformation space. The company will maintain its 100% shareholding in STL following this additional investment.

Satin Creditcare subsidiary, Satin Finserv Limited, has announced significant changes in its leadership structure along with a substantial rights issue, signaling a new phase of growth for the company.

Leadership Transition

The company has appointed Mr. Pramod Marar as an Additional Director, to be designated as Whole Time Director (Executive Director) and Chief Executive Officer. Mr. Marar, who previously led the Green Finance business, will now oversee the entire business operations of Satin Finserv, including both Green and non-Green finance sectors, as well as SME finance.

This appointment comes in the wake of Mr. Dhiraj Jha's resignation from his position as Whole Time Director and Chief Executive Officer, effective from the close of business hours on November 30, 2025. Mr. Jha cited personal reasons for his departure.

Rights Issue Approval

In a move to strengthen its capital base, Satin Finserv has approved the issuance of 2,08,68,113 equity shares on a rights basis. This decision reflects the company's commitment to growth and its confidence in future prospects.

Outlook

The appointment of Mr. Pramod Marar to lead the entire business operations, coupled with the approval of a substantial rights issue, suggests that Satin Finserv is positioning itself for accelerated growth. The company's focus on both Green and non-Green finance, including SME finance, indicates a diversified approach to market opportunities.

Financial Performance of Satin Creditcare

The leadership changes and rights issue come at a time when Satin Creditcare is showing strong financial growth. Based on the latest balance sheet data:

The company has demonstrated significant growth across key financial metrics, with total assets increasing by 10.51% year-over-year. This robust financial performance provides a strong foundation for the company's strategic moves, including the leadership transition and the planned rights issue.

Note: All financial figures are based on the latest available balance sheet data as of March 2025.