Satin Creditcare Network : Allotment of Securities
January 16, 2023 at 03:00 am
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January 16, 2023
To,
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, Bandra East,
Dalal Street,
Mumbai-400051
Mumbai - 400001
Symbol: SATIN
Scrip Code: 539404
Subject: Intimation of Allotment of Secured, Rated, Listed, Redeemable, Transferable, Non- Convertible Debentures (NCDs)
Dear Sir/Madam,
In continuation to our earlier intimation dated January 6, 2023 and pursuant to Regulation 30 & 51 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform that the Working Committee of Satin Creditcare Network Limited in its meeting held today i.e. January 16, 2023 has allotted 2500 NCDs of face value of INR 1,00,000/- each aggregating to INR 25 Crores.
The above is for your information and record.
Thanking You.
Yours faithfully,
For Satin Creditcare Network Limited
VIKAS GUPTA
Digitally signed by VIKAS GUPTA Date: 2023.01.16 12:39:15 +05'30'
(Vikas Gupta)
Company Secretary & Compliance Officer
Corporate Office:
Plot No 492, Udyog Vihar,
Phase-III, Gurugram, Haryana-
122016, India
Registered Office:
5th Floor, Kundan Bhawan Azadpur Commercial Complex, Azadpur, Delhi - 110033, India
CIN
:
L65991DL1990PLC041796
Landline No
:
0124-4715400
E-Mail ID
:
info@satincreditcare.com
Website
:
www.satincreditcare.com
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Satin Creditcare Network Ltd. published this content on 16 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 January 2023 07:59:02 UTC.
Satin Creditcare Network Limited is a non-deposit accepting non-banking financial company. The Company is engaged primarily in providing micro-finance services to women in the rural areas of India who are enrolled as members and organized as joint liability groups (JLG). It offers a diversified portfolio of financial products and services to the financially disadvantaged through its operations across India. Its microfinance services include income generation loan (IGL) and water, sanitation and hygiene loan (WASH). Its micro, small and medium enterprises (MSME) loans are focused on lending to merchants, retailers, service providers, salaried and self-employed professionals, and lending to corporate institutions. It is engaged in financing third party products, such as solar lamps, bicycles, consumer durables, including home appliances, mobile phones, and others. The Company, through its subsidiary, Taraashna Financial Services Limited, is engaged in the business correspondent activity.