Key Event Details
A meeting of the Board of Directors is scheduled to be held on Tuesday, June 23, 2026. The primary agenda item is to consider a proposal for raising funds.
Fundraising Proposal
The company proposes raising funds through the issuance of Non-Convertible Debentures (NCDs) for an amount up to INR 5,000 Crore (Indian Rupees Five Thousand Crore only).
Implementation Structure
The NCD issuance will be conducted:
- In one or more tranches
- Through private placement basis
Conditions and Approvals
The fundraising proposal is subject to:
- Applicable laws and regulations
- Necessary approval from shareholders
- Approval from any statutory authorities as may be required/applicable
Financial Impact
Specific financial impact of the proposed NCD issuance on capital structure, interest costs, or deployment plans is not quantified in this disclosure. The impact will be subject to board approval and subsequent implementation.
#Tags: #SatinCreditcare #NCD #Fundraising #SEBIDisclosure #RegulatoryCompliance