SATIN CREDITCARE NETWORK LTD - Board Meeting Outcome for Approval The Terms And Conditions For Issuance Of 33,200 (Thirty Three Thousand And Two Hundred) Ncds On A Private Placement Basis

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Satin Creditcare Network Ltd - Board Meeting Outcome for Approval The Terms And Conditions For Issuance Of 33,200 (Thirty Three Thousand And Two Hundred) Ncds On A Private Placement Basis

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08 May 2024
In terms of Regulations 30 & 51 read with Schedule III of the SEBI Listing Regulations, we wish to inform you that the Working Committee of the Board of Directors of Satin Creditcare Network Limited ('Company'), in its meeting held today, i.e. Wednesday, May 08, 2024, has inter-alia, considered and approved the terms and conditions for issuance of 33,200 (thirty three thousand and two hundred) Senior, Secured, Rated, Listed, Taxable, Redeemable, Transferable, Non-Convertible Debentures denominated in Indian Rupees ('INR'), having a face value of INR 1,00,000 (Indian Rupees One Lakh) each and an aggregate face value of INR 332,00,00,000 (Indian Rupees Three Hundred and Thirty-Two Crore only) being the notional equivalent of USD 40,000,000 (United States Dollars Forty Million) ("Debentures" or "NCDs") on a private placement basis (the "Issue"). For more details, please refer attached pdf file.
View all announcements for Satin Creditcare Network Ltd	Source: BSE India

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