Back
Corporate News
Satin Creditcare Network raises Rs 100 cr via convertible warrants
04-Jun-2026, 01:40
Satin Creditcare Network announced that its Board of Directors approved, at its meeting held on 04 June 2026, the issuance of up to 38,50,000 Fully Convertible Warrants (FCW) on a preferential basis to its Promoter & Promoter Group entity, Trishashna Holdings & Investments, at an issue price of Rs 260 per warrant, aggregating to Rs 100.10 crore.
Post conversion, promoter shareholding will increase from approximately 36.17% to 38.32% on a fully diluted basis.