India, Feb. 10 -- 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 companyShareholder 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 prioritiesMobilization of ~Rs. 260 crore in the last 3 months; marking the company's strongest fundraising performance.
Published by HT Digital Content Services with permission from Pivotal Sources....