$SATIN

SATIN CREDITCARE : PROMOTERS TO INFUSE ₹100.1 CR VIA WARRANTS 💰📈 • 🏦 Board approved issuance of 38.5 lakh fully convertible warrants to promoter group entity Trishashna Holdings & Investments • 💵 Fundraise size stands at ₹100.10 Cr at ₹260 per warrant • 📈 Issue price is at ~17% premium to SEBI floor price of ₹222.82 • 🚀 Issue price is also at 10.5% premium to previous closing price of ₹235.25 • 🔄 Each warrant convertible into 1 equity share within 18 months • 👨‍💼 Promoter holding to increase from ~36.17% to 38.32% post conversion • 💪 Capital infusion to strengthen balance sheet and support future growth initiatives • 🎯 Management targets ₹32,000 Cr Group AUM by 2030 • 🗳️ Subject to shareholder approval through postal ballot 🟢 Impact: Positive (Promoter capital infusion at a premium signals strong confidence in business prospects and strengthens growth capital.)