This is a regulatory disclosure filed with the National Stock Exchange of India Limited and BSE Limited pursuant to Regulations 30 and 51 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The Board of Directors of Satin Creditcare Network Limited held a meeting on June 23, 2026, which commenced at 3:50 PM IST and concluded at 4:18 PM IST. The Board considered and approved the following matters:

1. Fundraising via Non-Convertible Debentures

  • Approval: The Board approved a proposal to raise funds through the issuance of Non-Convertible Debentures (NCDs).
  • Amount: Aggregate amount of up to ₹5,000 Crore (Indian Rupees Five Thousand Crore only).
  • Structure: The issuance will be conducted in one or more tranches on a private placement basis.
  • Timeline: The fundraising must be completed within one year from the date of shareholder approval.
  • Investors: The NCDs may be issued to any category of investors eligible to invest in such instruments.
  • Approval Requirement: The proposal is subject to approval by shareholders at the ensuing Annual General Meeting (AGM).
  • Key Terms: Specific terms including size of each tranche, listing status, tenure, date of allotment, maturity date, coupon rate, interest payment schedule, security creation, special rights, default provisions, and redemption details will be determined by the Working Committee of the Board for each tranche at the time of finalization.

2. Re-appointment of Chief Compliance Officer

  • Appointment: The Board approved the re-appointment of Mr. Vikas Gupta as Chief Compliance Officer (CCO).
  • Term: The new term is for three years, effective from July 11, 2026, to July 10, 2029.
  • Regulatory Basis: The re-appointment is made in accordance with Reserve Bank of India Circular No. DoS.CO.PPG./SEC.01/11.01.005/2022-23 dated April 11, 2022, regarding "Compliance Function and Role of Chief Compliance Officer (CCO) – NBFCs".
  • Profile: Mr. Vikas Gupta is a qualified Company Secretary and law graduate with over 18 years of experience. He has been associated with Satin Creditcare Network Limited since September 2022 and previously worked with Hero Group, Havells India Limited, and others. He has extensive experience in secretarial and compliance functions, including private equity, rights issues, mergers, and acquisitions.

3. Annual General Meeting

  • Schedule: The 36th Annual General Meeting (AGM) of the company is scheduled to be held on Friday, August 7, 2026.
  • Format: The meeting will be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).
  • Notice: The notice convening the AGM will be circulated to shareholders within the prescribed statutory timeline.

Financial Impact

The fundraising initiative of up to ₹5,000 crore through NCDs represents a significant capital infusion, though specific financial impact on debt structure and interest costs will depend on the final terms determined by the Committee for each tranche.