Hot Pursuit     13-Jun-23
Satin Creditcare board to mull fund raising on 15 June
Satin Creditcare Network said that its board will meet on Thursday 15 June 2023 to consider raising funds through issue of non-convertible debentures (NCDs) on private placement basis.
“Meeting of working committee of board of directors of Satin Creditcare Network is scheduled to be held on Thursday, 15 June 2023 inter-alia to consider the fund raising proposal by way of issuance of listed/unlisted, secured/unsecured, nonconvertible debentures on private placement basis,” the company stated in regulatory filing.

Satin Creditcare Network is engaged primarily in providing micro finance services to women in the rural areas of India who are enrolled as members and organized as joint liability groups.

The company's net profit rose 59% to Rs 94 crore on 20.12% increase in total income to Rs 397.12 crore in Q4 March 2023 over Q4 March 2022.

The scrip declined 1.97% to Rs 171.50 on the BSE.

Previous News
  Satin Creditcare Network allots NCDs aggregating to Rs 332 cr
 ( Corporate News - 24-May-24   14:39 )
  Satin Creditcare Network consolidated net profit rises 86.68% in the September 2023 quarter
 ( Results - Announcements 28-Oct-23   07:35 )
  Satin Creditcare Network to conduct board meeting
 ( Corporate News - 25-Jun-24   10:21 )
  Satin Creditcare Network plans NCD issuance of Rs 20 cr
 ( Corporate News - 01-Nov-23   12:45 )
  Satin Creditcare Network announces board meeting date
 ( Corporate News - 05-Jul-23   16:55 )
  Satin Creditcare Network to consider fresh fund raising proposal
 ( Corporate News - 28-Feb-23   09:35 )
  Satin Creditcare Network schedules EGM
 ( Corporate News - 30-Oct-23   15:23 )
  Satin Creditcare Network facilitates UPI AutoPay for its customers
 ( Corporate News - 03-Jun-21   11:15 )
  Satin Creditcare hits 52 week high as board to mull fund raising
 ( Hot Pursuit - 16-Nov-23   10:25 )
  Satin Creditcare Network redeems 2.50 cr preference shares
 ( Corporate News - 23-Apr-21   16:14 )
  Satin Creditcare Network to conduct board meeting
 ( Corporate News - 14-Feb-23   10:01 )
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