Satin Creditcare Network Ltd raises Rs. 99 crores on private placement basis

The Working Committee of the Board of Directors of Satin Creditcare Network Limited, in its meeting held today, i.e. Thursday, February 16, 2023, has considered and approved the terms and conditions for issuance of Secured, Rated, Unlisted, Redeemable, Non-Convertible Debentures of face value of INR 1,00,000 (Indian Rupees One Lakh) each, with an aggregate value upto INR 99,00,00,000 (Indian Rupees Ninety Nine Crores only) on private placement basis.

Shares of Satin Creditcare Network Limited was last trading in BSE at Rs. 139.55 as compared to the previous close of Rs. 138.30. The total number of shares traded during the day was 9956 in over 303 trades.

The stock hit an intraday high of Rs. 145.10 and intraday low of 137.15. The net turnover during the day was Rs. 1387920.00.

Source : Equity Bulls

Keywords

SatinCreditcareNetwork INE836B01017 FundRaising NCDs