News

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 20 April 2026.

Satin Growth Alternatives (SGAL), a 100% owned subsidiary of Satin Creditcare Network (SCNL) and registered Investment Manager, has launched SGAL-Scheme 1 with SEBI approval secured on 13 April 2026. The fund is now targeting first close as its next milestone, already backed by strong soft commitments. Its debut Rs 200 crore Category II AIF aims to back businesses around Inclusion, Sustainability and Impact with an average ticket size of Rs 4 to 5 crore going upto Rs 10 crore. Leveraging SCNL`s unmatched presence across 550+ districts, SGAL-Scheme 1 offers superior portfolio sourcing through grassroots-level vetting of high-potential businesses. The fund`s innovative quasi equity/debt instruments perfectly balance downside protection with equity upside potential. The fund will be led by VC and consulting professional Shivika Sethi (Partner at SGAL since October 2025, with around 14 years of experience). Having managed two $100 Mn funds and led numerous investments, she is excited to deploy her expertise in crafting a truly differentiated fund proposition - one that delivers compelling returns for LPs while providing transformative capital solutions for portfolio businesses.

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 20 March 2026.Powered by Capital Market - Live News

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 16 March 2026.Powered by Capital Market - Live News

Satin Finserv (SFL), a wholly owned subsidiary of Satin Creditcare Network (SCNL), continues to demonstrate strong fundraising prowess reinforced by a series of strategic milestones: Successful issuance of Rs. 50 crore in Non-Convertible Debentures (NCDs) with a unique per debenture face value of Rs. 10,000; the first such structure for the company Shareholder approval at the EGM for enhancing the NCD issuance limit to an aggregate outstanding of Rs. 600 crore, up from Rs. 200 crore, signaling strong alignment with strategic priorities Mobilization of ~Rs. 260 crore in the last 3 months; marking the company`s strongest fundraising performance Commenting on this, Pramod Marar, WTD & CEO of SFL, said: �This robust funding momentum represents a pivotal step forward, expanding our investor reach and fortifying our funding pipeline further reinforcing stakeholder confidence in our strategy and execution. We remain committed to growing responsibly by diversifying our funding sources, strengthening our balance sheet, and empowering more MSMEs with practical, reliable, and sustainable solutions.�Powered by Capital Market - Live News