Satin Creditcare Network informs about outcome of board meeting.

Satin Creditcare Network has announced the outcome of its board meeting, stating that they will be conducting a Postal Ballot process to obtain approval from members of the company for a Related Party Transaction. This transaction involves the appointment of a Related Party to hold a position of profit in Satin Finserv, a wholly owned subsidiary. The company will be submitting a copy of the Postal Ballot Notice to the stock exchanges in the future. This information was disclosed in compliance with SEBI Listing Regulations and has been submitted to the BSE. [Extracted from the article]