Satin Creditcare Network Ltd - Board Meeting Outcome for For Approval Of The Terms And Conditions For Issuance Of 5,000 Non-Convertible Debentures Amounting To INR 50 Crores.
27 Jun 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. Thursday, June 27, 2024, has inter-alia, considered and approved the terms and conditions for issuance of 5,000 (five thousand) 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 50,00,00,000 (Indian Rupees Fifty Crore) ("Debentures" or "NCDs") on a private placement basis (the "Issue"). For more details, please refer attached pdf file.
Source:
BSE India