Satin Creditcare Network Ltd announces acquisition of Majority Stake in QTrino Labs Private Limited

Satin Creditcare Network Limited ("SCNL" or "Company") announced that its wholly owned subsidiary, Satin Technologies Limited ("STL"), has entered into a Share Subscription-cum Shareholders Agreement on January 17, 2026, to acquire upto 76.40% equity share capital of QTrino Labs Private Limited ("QTrino"), in one or more tranches.

QTrino Labs Private Limited is an IIT incubated deep-tech cybersecurity startup engaged in the development of cost-effective, cutting-edge, quantum-safe security solutions for enterprises and government institutions. Operating in a rapidly evolving and high-growth technology segment, QTrino brings advanced cybersecurity capabilities that align strongly with STL's long-term technology vision.

The proposed acquisition of a majority stake in QTrino will enable STL to expand its business footprint in advanced technology and cybersecurity domains, strengthen its solution offerings and enhance the overall technology resilience of the Satin Group. Upon completion of the transaction, QTrino will be consolidated as a subsidiary, marking the Group's strategic entry into technology-driven cybersecurity businesses.

Guided by a forward-looking philosophy, the Satin Group continues to anticipate change, embrace innovation and invest in future-ready capabilities. Technology has remained central to the Group's strategy, enabling smarter solutions, enhanced operational resilience, and sustainable growth. This acquisition reflects Satin's belief that innovation and responsible growth are deeply interconnected, shaping a future that is inclusive, resilient and digitally empowered.

Commenting on the development, Prof. (Dr.) Jawar Singh, Founder and Director, QTrino Labs, said: With Satin Group's strong institutional backing, technology focus, and long-term vision, this association provides a powerful platform to advance our quantum-safe security solutions for enterprises and government institutions. Together, we aim to strengthen cyber resilience, drive impactful innovation and contribute meaningfully to India's growing digital security ecosystem."

Commenting on the development, Mr. Rupinder Kalia, Managing Director and Chief Executive Officer, Satin Technologies Limited, said: "This represents a significant milestone in Satin Technologies Limited's journey to build advanced, future-ready technology capabilities. As cybersecurity becomes increasingly critical in a digitally interconnected world, QTrino's deep-tech and quantum-safe security solutions strongly complement our strategic vision.

This partnership holds immense potential to accelerate innovation, enhance cyber resilience, and create scalable, cost-effective security solutions for enterprises and government institutions. It positions Satin Technologies at the forefront of next-generation cybersecurity while strengthening the overall technology ecosystem of the Satin Group and driving sustainable long-term value."

Shares of Satin Creditcare Network Limited was last trading in BSE at Rs. 149.10 as compared to the previous close of Rs. 150.85. The total number of shares traded during the day was 4127 in over 141 trades.

The stock hit an intraday high of Rs. 152.30 and intraday low of 147.10. The net turnover during the day was Rs. 619001.00.

Source : Equity Bulls

Keywords

SatinCreditcareNetwork INE836B01017 NBFC SatinTechnologies QTrinoLabs