Moneycontrol PRO

business

Will be able to distribute Capital First products through our outlets: Satin Creditcare

Satin Creditcare Network is in focus as the company has raised Rs 35 crores via issuance of convertible redeemable preference shares. “There is a time period of about a year when Capital First will be able to convert it into equity shares and once they convert, they will get about 3 percent of equity capital as of right now,” HP Singh, Founder & MD of Satin Creditcare told CNBC-TV18.

first published: Jul 10, 2017 10:51 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347