Satin Finserv Mobilises ₹650 Crore via Debt and Equity to Fuel MSME Lending Growth
Satin Finserv Limited, a wholly owned subsidiary of Satin Creditcare Network Limited, successfully mobilized over ₹650 crore through a combination of debt and equity capital in YTD FY27. This capital infusion is designed to strengthen the subsidiary's balance sheet and support its expanding MSME lending operations across 14 states.
Satin Creditcare Network Board Approves Raising ₹5,000 Crore via NCD Issuance
Satin Creditcare Network's board has approved a major capital raising proposal of up to ₹5,000 Crore through Non-Convertible Debentures (NCDs). The funds will be raised on a private placement basis within one year, pending approval from shareholders at the upcoming Annual General Meeting.
Satin Creditcare Board Approves ₹100.10 Crore Fund Raise via Promoter Warrants
Satin Creditcare's board has approved a preferential allotment of warrants totaling ₹100.10 crore to its promoter group entity, Trishashna Holdings & Investments Private Limited. This capital infusion is intended to bolster the microfinance lender's capital base and support its long-term growth objectives.
Satin Creditcare Network Ltd Raises ₹200 Crore Tier II Capital for Growth
Satin Creditcare Network Limited has successfully raised ₹200 crore through subordinated Tier II capital with a seven-year maturity period. This capital infusion is designed to reinforce the company's capital adequacy and provide a strategic buffer to support high-impact lending segments and subsidiary growth.