The board of directors of the company, at its meeting held today (Monday), June 22, 2020, has considered and approved the fundraising by way of the rights issue of equity shares of Rs 10 each of the company.
PTI
Microfinance lender Satin Creditcare Network Ltd (SCNL) on Monday said its board has approved raising up to Rs 120 crore through rights issue of shares.
"The board of directors of the company, at its meeting held today (Monday), June 22, 2020, has considered and approved the fundraising by way of the rights issue of equity shares of Rs 10 each of the company, to eligible equity shareholders of the company...of an issue size of up to Rs 120 crore," SCNL said in a regulatory filing.
SCNL's shares on Monday fell 3.76 per cent to Rs 93.30 apiece on the BSE.Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.
WEBINAR: Tune in to find out how term insurance can provide risk protection during tough times. Register Now!
First Published on Jun 22, 2020 09:41 pm
