Satin Creditcare Network's Working Committee has approved the allotment of 38.50 lakh Fully Convertible Warrants.

These warrants, issued at INR 260 each for a total of INR 100.10 Crore, are allotted on a preferential basis to Trishashna Holdings & Investments, part of the Promoter & Promoter Group.

This move infuses capital into the company.

Upon full conversion, the company's fully diluted paid-up equity share capital will increase to approximately INR 114.32 Crore, consisting of 11.43 crore equity shares with a face value of INR 10 each, signaling increased promoter commitment and strengthening the company's capital base.