NSEPress Release5d ago · 14 Sept 2026, 09:08 am

Press Release

Satin Creditcare Network Limited · SATIN

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Satin Creditcare Network Limited's subsidiary, Satin Growth Alternatives Limited, has made its first investment in Indic Wisdom, a manufacturer and distributor of traditionally crafted, wholesome food products. The investment, worth Rs. 5 crore, will be used to scale up Indic Wisdom's manufacturing capacity and support the company's ambition of expanding offline distribution and revenue over the next two years.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Satin Creditcare Network Limited has informed the Exchange regarding a press release dated September 14, 2026, titled "Announcement under Regulation 30 of SEBI (LODR) Regulations , 2015 - Press Release".

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September 14, 2026 The Manager, The Manager, National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, C-1, Block G, 25th Floor, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra East, Mumbai-400051 Mumbai-400001 Symbol: SATIN Scrip Code: 539404 Sub: Press Release Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and in terms of other applicable laws, if any, please find enclosed herewith press release dated September 14, 2026. This is for your information and record. Thanking you. Yours faithfully, For Satin Creditcare Network Limited (Vikas Gupta) Company Secretary & Chief Compliance Officer Encl: A/a Satin Growth Alternatives Limited makes its first investment in Indic Wisdom: Reimagining Native Oilseeds for Modern Indian Consumers In the picture: Ms Shivika Sethi (Fund Manager and Partner at SGAL) and Ms Aditi Singh (Director at SGAL and Chief Strategy Officer at SCNL) Satin Growth Alternatives Limited (“SGAL”), the youngest subsidiary of Satin Creditcare Network Limited (“SCNL”), has made its first investment from its Category II Alternative Investment Fund which recently declared its first close, deploying capital into woman founder led Indic Wisdom, a manufacturer and distributor of traditionally crafted, wholesome food products including wood-pressed oils and value-added products derived from native Indian oilseeds. The investment, structured as a combination of Non-Convertible Debentures (NCDs) and Compulsorily Convertible Preference Shares (CCPS), was made on September 9, 2026, and marks the first deployment under SGAL’s stated strategy of providing quasi-debt and equity-linked capital to growth-stage businesses. Indic Wisdom has built a strong presence on leading quick-commerce and e-commerce platforms, ensuring its products are accessible across all major metropolitan cities in India. The company’s approach centres on oilseeds and the upcycling of their by-products, converting them into highly digestible proteins and fibres, an approach that gives Indic Wisdom a distinctive efficiency and competitive advantage. With its expanding omnichannel presence and product portfolio, the company is delivering more than 2x revenue growth annually. SGAL’s investment of Rs. 5 crore will be used to scale up Indic Wisdom’s manufacturing capacity, supporting the company’s stated ambition of expanding offline distribution and overall revenue over the next two years. The investment was led and structured by SGAL working closely with Prajakta Khare and Kaustubh Khare, Founders of Indic Wisdom. Aditi Singh, Director at SGAL, and Chief Strategy Officer at SCNL, said: “Our first investment reflects exactly the kind of business SGAL was built to back: women-led, sustainable, category- defining, and ready to scale with the right capital structure behind it. Indic Wisdom’s work on oilseed upcycling and its early strength across both online and offline channels made this an easy conviction call. We are pleased to support Prajakta and Kaustubh as they scale manufacturing to meet their next stage of growth.” Shivika Sethi, Fund Manager and Partner at SGAL, said: “This deployment puts our quasi-debt and equity-linked strategy into practice for the first time, and Indic Wisdom is a strong proof point. The NCD and CCPS structure gives us downside protection while allowing us to participate in the company’s equity upside as it scales manufacturing and deepens its offline footprint. We have already outlined a plan to leverage SCNL’s branch network to drive Indic Wisdom’s pan-India distribution expansion and accelerate topline growth” Prajakta Khare, founder of Indic Wisdom, said: “Investment from SGAL is truly special. It will accelerate our journey towards achieving ₹200 crore ARR in the next 12 months by expanding our distribution footprint and strengthening our supply chain. More importantly, it enables us to connect with millions of rural households through Satin’s extensive and trusted network. We value this partnership deeply because we share a common belief in Impact, Inclusion, and the India growth story” https://in.linkedin.com/in/adity-singh https://in.linkedin.com/in/shivika-sethi-6711879b https://in.linkedin.com/in/prajakta-khare-indicwisdom