Adani Enterp.

2626.8 5.00

Adani Ports

1447.6 0.60

Apollo Hospitals

7500.5 4.50

Asian Paints

2367.5 -2.00

Axis Bank

1178.3 5.00

Bajaj Auto

8358 -41.00

Bajaj Finance

927.05 -9.60

Bajaj Finserv

2022 -31.80

Bharat Electron

428.6 -3.65

Bharti Airtel

2040.5 21.10

Cipla

1506 -9.70

Coal India

388.25 -1.50

Dr Reddy's Labs

1268.9 -7.90

Eicher Motors

5722 6.50

Eternal Ltd

257.8 -3.20

Grasim Inds

2849.1 1.00

HCL Technologies

1715.6 -2.70

HDFC Bank

1994.3 -17.80

HDFC Life Insur.

797.7 -12.20

Hero Motocorp

4257 31.00

Hind. Unilever

2292.3 -3.20

Hindalco Inds.

698.45 4.15

ICICI Bank

1431.8 -0.20

IndusInd Bank

859.75 -19.35

Infosys

1614.5 7.70

ITC

413 -2.10

JSW Steel

1046.8 17.20

Kotak Mah. Bank

2180.2 -3.40

Larsen & Toubro

3633 -33.70

M & M

3179.1 3.00

Maruti Suzuki

12528 86.00

Nestle India

2390 -20.10

NTPC

335.15 2.55

O N G C

243.37 0.00

Power Grid Corpn

296.7 -0.85

Reliance Industr

1519.6 -8.80

SBI Life Insuran

1861.6 -0.90

Shriram Finance

683.2 -13.25

St Bk of India

818 -2.30

Sun Pharma.Inds.

1678.8 11.60

Tata Consumer

1087.2 -8.40

Tata Motors

685.9 2.10

Tata Steel

162.33 2.27

TCS

3442 12.30

Tech Mahindra

1671.1 -0.10

Titan Company

3706.4 5.90

Trent

6111 -33.00

UltraTech Cem.

12358 148.00

Wipro

266.3 1.75

Corporate News - Detailed News Back
Satin Creditcare Network updates on Rs 100 cr investment commitment of Florintree
29-Dec-22   19:54 Hrs IST
Satin Creditcare Network (SCNL) received the second tranche of ~Rs. 25 crore, against conversion of 41,02,564 fully convertible warrants from Florintree Ventures LLP (entity belonging to Non-Promoter Group).

The investment will support SCNL in its planned expansion, portfolio growth and its efforts in increasing financial inclusion through its operations in 23 states.

Florintree had committed Rs. 100 crore in the form of 1,23,07,692 rully convertible warrants through preferential allotment in January 2022. At the time of issuance of fully convertible warrants, Florintree put Rs. 25 crore. After the second tranche, the total investment by Florintree stands at ~Rs. 50 crore, with the balance amount to be paid by July 2023.

Florintree Ventures LLP, is a growth-stage private equity firm that invests in technology-backed firms, is led by former Blackstone India Head Mathew Cyriac.

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