Satin Creditcare Network's Subsidiary Registered as Category II Alternative Investment Fund
Satin Creditcare Network Limited announced that its wholly owned subsidiary, Satin Growth Alternatives Limited (SGAL), has received a Certificate of Registration. The registration was issued by the Securities and Exchange Board of India (SEBI), recognizing SGAL as a Category II Alternative Investment Fund (AIF).The registration details indicate that SEBI issued the Certificate of Registration to SGAL on April 13, 2026, under the SEBI (Alternative Investment Funds) Regulations, 2012.
The Company provided details regarding this regulatory achievement, noting that the development is aligned with SGAL’s business objectives. Furthermore, Satin Creditcare Network Limited confirmed that this registration does not have any material impact on the financial position of the Company.
The key details pertaining to the license and registration are summarized below:
| Aspect | Detail |
|---|---|
| Regulatory Authority | Securities and Exchange Board of India (SEBI) |
| Registrant Entity | Satin Growth Alternatives Limited (SGAL) |
| Nature of Registration | Category II Alternative Investment Fund (AIF) |
| Certificate Date | April 13, 2026 |
| Validity | The certificate of registration of an AIF shall be valid till the AIF is wound up. |
| Material Impact | Does not have any material impact on the financial position of Satin Creditcare Network Limited. |
The Company confirmed that the certificate of registration for an AIF is valid until the Alternative Investment Fund is wound up.
SATIN Stock Price Movement
On Monday, Satin Creditcare Network Limited shares edged higher, closing at ₹161.55, representing a 0.36% gain for the equity. The stock traded on 266,014 shares, finding support throughout the day between ₹152.38 and a high of ₹163.8.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.