Fuelling Next Growth Sprint, SATYA MicroCapital Raises Rs. 300 Crore Capital via Rights Issue – The Times of Bengal
Summary by THE TIMES OF BENGAL
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Fuelling Next Growth Sprint, SATYA MicroCapital Raises Rs. 300 Crore Capital via Rights Issue – The Times of Bengal
SATYA MicroCapital Limited; an RBI registered NBFC-MFI has announced raising up to Rs. 300 Crore through rights issue of shares with pre-emptive rights for existing shareholders. The decision regarding the rights issue carries significant implications for SATYA’s capital structure and future growth prospects. The proceeds from the rights issue are primarily deployed towards expanding SATYA’s loan portfolio, enhancing technology infrastructure, a…
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