Satin Creditcare Network Limited

Satin Creditcare Network Limited

Satin Creditcare Network Limited's board approved a proposal to raise up to INR 5,000 Crore through Non-Convertible Debentures (NCDs) via private placement, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The board also re-appointed Mr. Vikas Gupta as Chief Compliance Officer for a further three-year term, effective July 11, 2026. The company's 36th AGM is scheduled for August 7, 2026.

Satin Creditcare Network Limited

Satin Creditcare Network Limited has announced its strategic expansion into the state of Kerala, marking a significant milestone in its South India growth strategy. The company has commenced operations with the launch of new branches in Aroor and Cherthala (Alappuzha district). Additionally, a new Circle Office has been inaugurated in Kochi to support these operations. This geographical diversification signals potential for increased market penetration and future revenue growth for investors.