Satin Creditcare to Invest ₹25 Crore in Subsidiary Satin Technologies
Satin Creditcare Network Limited announced today, December 23, 2025, that its Board of Directors has approved an additional investment of up to ₹25,00,00,000 (Twenty-five Crore Rupees) in its wholly-o...
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Why is Satin Creditcare Network Limited in the news today?
Satin Creditcare Network Limited (SATIN) is in the news due to the company is investing in its subsidiary to support growth and expansion, which is a positive development for the group's future prospects.
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Satin Creditcare to Invest ₹25 Crore in Subsidiary Satin Technologies
December 23, 2025, 12:53 PM
Top Queries to Ask About Satin Creditcare Network Limited
Satin Creditcare Network Limited announced today, December 23, 2025, that its Board of Directors has approved an additional investment of up to ₹25,00,00,000 (Twenty-five Crore Rupees) in its wholly-owned subsidiary, Satin Technologies Limited (STL).
This investment, to be made in one or more tranches for cash, is intended to support STL's expansion, new projects, capacity building, and technology development. It may also facilitate the acquisition of other enterprises to strengthen the group's market position and enhance long-term shareholder value.
STL, incorporated on August 13, 2024, operates in the Information Technology sector. Its authorized capital is ₹5,00,00,000 (Five Crore Rupees), and it generated a revenue of ₹80,00,000 (Eighty Lakh Rupees) in its business operations for the fiscal year 2024-25. The company will continue to hold 100% shareholding in STL following this investment.
Dr. H P Singh, Chairman Cum Managing Director of Satin Creditcare Network Limited, is also a Director of STL. The transaction is considered a related party transaction, but it is being conducted on an arm's length basis at fair value. The board meeting commenced at 4:40 PM IST and concluded at 6:06 PM IST.
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