Satin Creditcare Network LimitedSATINNSE
Proposal of fund raising scheduled for today i.e
As filed · Committee Meeting Updates
CapitalWatchNotablemateriality 63 out of 100
What happened
FactThe proposal of fund raising scheduled for today i.e.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedEarlierQ1 FY27
41 new branches added in Q1FY27 expanding the network to 1,863 branches at Standalone level
NowQ1 FY27
We have added 392 branches in FY26 and operating efficiencies will be visible in coming quarters
Change
FactTarget revision
Implication
CapitSignal interpretationThe stated timeline moved by -1 quarter(s) (earlier to later). The stated figure moved 856.10%.confidence 60%
Watch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- Credit Cost reduced by over 177 bps to 3.06%, including management overlay buffer of ₹36 Crores, (in line with (management committed by FY27)
- The Core Banking Solution completed development and entered customer UAT, with commercial go-live targeted for (management committed by Q4 FY26)
Evidence
- Deferment of Fund Raising Proposal(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%