Satin Creditcare Network Limited announced today, January 20, 2026, that its Working Committee of the Board of Directors has approved the terms for issuing Non-Convertible Debentures (NCDs) on a private placement basis.

The company plans to issue up to 5,000 subordinated, unsecured, rated, listed, taxable, redeemable, transferable NCDs with a face value of ₹1,00,000 each, aggregating to ₹50,00,00,000 (₹50 Crore), including a green shoe option of up to ₹25,00,00,000 (₹25 Crore).

Additionally, 1,25,000 senior, secured, rated, listed, taxable, redeemable NCDs with a face value of ₹10,000 each will be issued, aggregating to ₹125,00,00,000 (₹125 Crore), also including a green shoe option of ₹50,00,00,000 (₹50 Crore). The total issuance size for both types of NCDs is ₹175 Crore.

The subordinated NCDs will have a tenure of 66 months, with a deemed date of allotment on January 23, 2026, and a maturity date of July 23, 2031. These will carry an interest rate of 12% per annum, payable monthly.

The secured NCDs will have a tenure of 24 months, with a deemed date of allotment on January 30, 2026, and a maturity date of January 30, 2028. These will carry an interest rate of 10.50% per annum, payable monthly. The secured NCDs will be secured by a first-ranking charge on identified book debts/loan receivables.