Satin Creditcare Network: Board Meeting Outcome for Approval Of The Terms And Conditions For Issuance Of Up To 750 Bonds Aggregating Up To USD 7 500 000 (United States Dollars Seven Million And Five Hundred Thousand Only) At Par In Dematerialized Form On A Private Placement Basis.

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. Friday September 20 2024 has inter-alia considered and approved the terms and conditions for issuance of up to 750 (Seven Hundred and Fifty) secured listed redeemable United States Dollars denominated bonds having face value of USD 10 000 (United States Dollars Ten Thousand only) each aggregating up to USD 7 500 000 (United States Dollars Seven Million and Five Hundred Thousand only) at par in dematerialized form on a private placement basis or such other amount as may be agreed (collectively the Bonds) (collectively referred to as the Issue).