BSECompany Update6 Aug 2026 · 6 Aug 2026, 08:16 am
Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015 - Press Release
Satin Creditcare Network Ltd · 539404
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Satin Creditcare Network Limited has launched a ₹1 crore flood relief drive for 15,000 families in Assam, committing ₹1 crore towards relief and assistance efforts.
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Satin Creditcare Network Ltd - 539404 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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August 6, 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 August 6, 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 Creditcare Network Limited launches ₹1 crore flood relief drive for 15,000 families in Assam
Guwahati, August 5, 2026: Satin Creditcare Network Limited (SCNL) has launched a large-scale
flood relief drive to support approximately 15,000 families affected by floods in Assam. As part of
the initiative, the company has committed ₹1 crore towards relief and assistance efforts across
affected communities.
A fleet of 15 relief vehicles was formally flagged off by Nekib Ahmed, Business Head – Northeast
and West Bengal, Satin Creditcare Network Limited, marking the commencement of the
company’s on-ground relief operations.
The relief programme will cover nearly 200 villages across the flood-affected districts of
Sivasagar, Charaideo and Jorhat. Relief materials including mosquito nets, bedsheets, kitchen
utensils, disinfectants, sanitary pads, bleaching powder, food supplies and drinking water will be
distributed to help families meet their immediate needs.
Around 150 SCNL employees have been mobilised to support the timely and coordinated
distribution of relief materials across the identified communities.
Commenting on the initiative, Nekib Ahmed, Business Head – Northeast and West Bengal, SCNL,
said, “Assam has been an important part of SCNL’s journey, and we believe it is our responsibility
to stand with the communities we serve during times of crisis. Through this initiative, we aim to
provide timely assistance to families affected by the floods and support them as they begin the
process of recovery. Our commitment extends beyond financial transaction, and we will continue
to work closely with local stakeholders to contribute to relief and rehabilitation efforts.”
SCNL has had a growing presence in Assam since 2017. The company currently operates across
the state through its branch network and works towards advancing financial inclusion and
creating sustainable livelihood opportunities, particularly for women in rural communities.
Across the Northeast, SCNL operates 227 branches supported by approximately 2,500 employees.
Its long-standing engagement with local communities has enabled the company to mobilise
resources and respond promptly during times of need, reflecting its commitment to supporting
communities beyond its core financial services.
About Satin Creditcare Network Limited
Satin Creditcare Network Limited (SCNL or Satin) is a leading rural institution in the country with presence
in 27 states, 5 union territories and over 1,00,000 villages. The Company’s mission is to be a leading rural
financial institution by providing a comprehensive range of products and services for the financially under-
served community. The Company aims to lead in gender empowerment by leveraging technology and
innovation that forge sustainable strategic partnerships. The group also offers a bouquet of financial
products in the non-MFI segment, comprising of loans to MSMEs and affordable housing loans. In April
2017, SCNL incorporated a wholly owned housing finance subsidiary Satin Housing Finance Limited (SHFL)
for providing loans in the affordable and micro-housing segment. In January 2019, SCNL received separate
NBFC licenses to commence MSME lending business through Satin Finserv Limited (SFL). In August 2024,
SCNL incorporated a subsidiary for software services, Satin Technologies Limited (STL) dedicated to
developing innovative, world-class technology solutions by leveraging cutting-edge technologies. In August
2025, Satin Growth Alternatives Limited (“SGAL”) was incorporated to act as IM to Category II Alternative
Investment Fund (AIF) under SEBI regulations, to further the cause of impact and empowerment, especially
dedicated to gender lens investing and sustainability. As on 30 June, 2026 Satin had 2,041 branches and a
headcount of 18,518, serving 34 lakh clients at a consolidated level.
Disclaimer
This document may contain certain forward-looking statements within the meaning of applicable securities
law and regulations. These statements include descriptions regarding the intent, belief or current
expectations of the Company or its directors and officers with respect to the results of operations and
financial condition of the Company. Such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and actual results may differ from those in such forward-
looking statements because of various factors and assumptions which the Company believes to be
reasonable considering its operating experience in recent years. Many factors could cause the actual results,
performances, or achievements of the Company to be materially different from any future results,
performances, or achievements. Significant factors that could make a difference to the Company’s
operations include domestic and international economic conditions, changes in government regulations, tax
regime and other statutes. The Company does not undertake to revise any forward-looking statement that
may be made from time to time by or on behalf of the Company.
Satin Creditcare Network Ltd.
CIN: L65991DL1990PLC041796
Plot No. 492, Udyog Vihar, Phase-III, Gurugram, Haryana - 122016,
India Landline No: +91 124 471 5400
Registered Office: 5th Floor, Kundan Bhawan, Azadpur Commercial Complex, Azadpur,
Delhi-110 033 E-mail ID: communications@satincreditcare.com
Website: www.satincreditcare.com
For further information, please contact
Ms. Aditi Singh Ms. Ritika Sharma
Chief Strategy Officer Lead - PR & Corporate Communications
E: aditi.singh@satincreditcare.com E: ritika.sharma@satincreditcare.com
T: +91 124 4715 400 T: +91 124 4715 400