DIRECTORS' REPORT

OPERATIONS, FUND RAISE, PROSPECTS AND FUTURE

PLANS

Operational Highlights in brief (Standalone basis)

- The Assets under Management (AUM) of the Company stood at INR 12,85,326.60 Lakhs as on March 31,2026. This represents a year-on-year (YoY) growth of 14% as compared to March 31,2025.

- Loan amount of INR 11,20,239.96 Lakhs was disbursed in the financial year 2025-26, representing an increase of 13.9% as compared to the financial year 2024-25.

- The Company disbursed 18,64,527 loans during the financial year 2025-26, an increase of 2% over the financial year 2024-25.

- Average loan amount disbursed per account during the financial year 2025-26 was INR 0.58 Lakhs as compared to INR 0.54 Lakhs during the financial year 2024-25.

- The Company has operations spread across 30 states & union territories and a total of 1,841 branches PAN India.

- Profit before tax jumped by 69% to INR 39,367.69 Lakhs.

- During the financial year 2025-26, the Company saw ~ 39% increase in its profitability with net profit of INR 30,208.07 Lakhs for the year ended March 31,2026 as compared to a net profit of INR 21,656.23 Lakhs for the year ended March 31,2025.

- Total Income increased from INR 2,35,908.01 Lakhs for the year ended March 31, 2025 to INR 2,82,462.25 Lakhs for the year ended March 31, 2026 which is mainly due to increase in AUM of the Company.

- The Return on Average Assets stood to 2.51% for the financial year 2025-26 as compared to 2.07% for the financial year 2024-25.

- Net Interest Margin has increased to 13.62% for the financial year 2025-26 as against 12.87% for the financial year 2024-25.

- The Company's strong liquidity position provides significant headroom for growth.

- The Company has CRAR of 25.39% as on March 31, 2026 as compared to 25.85% as on March 31,2025.

COMPANY'S PROSPECTS, FUTURE PLANS AND BUSINESS OVERVIEW

Financial year 2025-26 marked a strong recovery phase for the microfinance sector, with improving asset quality trends, tighter underwriting standards and renewed disbursement momentum laying the foundation for sustainable growth. Against this backdrop, the Company delivered one of its strong performances, reaffirming the resilience of its business model, disciplined risk management practices and long-term strategic vision.

During the financial year 2025-26, the Company reported robust operational and financial performance. AUM stood at INR 12,85,326.60 Lakhs as on March 31, 2026, registering

a strong year-on-year growth of 14%. It added 392 new branches registering its presence in 30 states and union territories through a network of 1,841 branches serving ~33 Lakhs clients.

Asset quality strengthened during the financial year 202526, supported by disciplined underwriting, strong collection mechanisms and data-driven risk management practices. PAR 90 stood at 3.12% as on March 31, 2026. Credit cost for financial year 2025-26 improved to 3.82% from 4.59% in financial year 2024-25, reflecting better portfolio behavior and prudent portfolio monitoring.

Total revenue grew by 20% year-on-year to INR 2,82,462.25 Lakhs, while Profit After Tax (PAT) increased sharply by 39% year-on-year to INR 30,208.07 Lakhs. The momentum accelerated further during quarter and financial year 202526, wherein consolidated PAT grew by over 234% year-on-year, reflecting strong operational efficiency and improving portfolio performance. The Company maintained sufficient liquidity during the year, leveraging strong institutional ties and a diverse funding base to effectively manage liabilities and maintain financial flexibility.

The Company continues to benefit from a stable and experienced leadership team, with the core management averaging over ten years of tenure. This consistency has provided strategic depth and operational continuity, especially during periods of external volatility.

The year also witnessed meaningful progress on the Company's diversification strategy. Its subsidiaries continued to scale steadily across housing finance, MSME lending, technology solutions, and alternative asset management, strengthening the Company's long-term vision of building a diversified rural financial services platform.

Few key developments of the year are highlighted below:

• Completed 35 years of operations, reinforcing the Company's long-standing track record of resilience and disciplined execution.

• Satin Growth Alternatives Limited, the AIF (Alternative Investment Fund) arm received SEBI license for

managing Category II AIF, a first of its kind gender led impact fund, focused on MSMEs especially focusing on sustainability and entered strategic MOU with State Bank of India for co-investment, which is a powerful validation of its model.

• Both our wholly owned subsidiaries - Satin Housing Finance Limited and Satin Finserv Limited crossed INR 1,00,000 Lakhs AUM.

• Satin Technologies Limited acquired strategic stake in QTrino Labs Private Limited, a deep tech cybersecurity company focused on post quantum security.

• Continued to enhance governance with the induction of two new seasoned independent directors, reinforcing commitment to strong and diverse board leadership.

• Successfully raised INR 10,82,602.16 Lakhs during financial year 2025-26 reducing the marginal cost of borrowing by 43bps year-on-year.

• Received a strong debut score of 59 in S&P Global's Corporate Sustainability Assessment, assessed across a comprehensive range of environmental, social and governance parameters and benchmark against global peers.

• Recognized this year as one of the India's top 50 Best Workplaces in BFSI 2026. Honoured with Elaben Award for Best Women Friendly Organization, the BW Social Impact Award, the WATSUN Financing Award and the Silver SKOCH Award.

Going forward, supported by improving industry conditions, a diversified business model, strong capitalization and robust risk management practices, the Company remains well-positioned to capitalize on emerging opportunities within the rural financial services ecosystem. Backed by a technology-led operating framework and an unwavering commitment towards responsible financial inclusion, it remains confident of delivering sustainable long-term growth.

Please refer to the Management Discussion and Analysis Report for more information on the Company's Business Overview.

DETAILS OF SUBSIDIARY, ASSOCIATE AND JOINT VENTURE COMPANIES, AS REQUIRED UNDER RULE 8 OF THE COMPANIES (ACCOUNTS) RULES, 2014

SUBSIDIARY, STEP-DOWN SUBSIDIARY, ASSOCIATE AND JOINT VENTURE COMPANIES

As on March 31, 2026, the Company has following 4 (four) wholly owned subsidiaries and 1 (one) step down subsidiary:

1. Satin Housing Finance Limited

2. Satin Finserv Limited

3. Satin Technologies Limited

4. Satin Growth Alternatives Limited

5. QTrino Labs Private Limited (Step-Down Subsidiary)

There are no associate or joint venture company within the meaning of Section 2(6) of the Act.

1. Satin Housing Finance Limited (‘SHFL') - SHFL was

incorporated on April 17, 2017, as a wholly-owned subsidiary of the Company. SHFL is registered with National Housing Bank (NHB) and holds Certificate of Registration (COR) as Housing Finance Company (not holding/accepting public deposits) dated November 14, 2017 to carry on activities of housing finance business under Section 29A of the National Housing Bank Act, 1987. SHFL is engaged in providing longterm finance for purchase, construction, extension and repair of houses for the retail segment along with loans against residential property, commercial property and plots. During the financial year 2025-26, the Company has infused INR 10,000.00 Lakhs by way of equity share capital (including share premium). As on March 31, 2026, paid-up capital stood at INR 18,361.53 Lakhs.

Net-worth of SHFL as on March 31, 2026 was INR 37,305.31 Lakhs which exceeded 10% of the consolidated net worth of the Company and consequently, SHFL continues to be "material subsidiary" of the Company as on March 31,2026. Asset under Management of SHFL is INR 1,26,710.72 Lakhs.

2. Satin Finserv Limited (‘SFL') - SFL was incorporated on August 10, 2018 as a wholly-owned subsidiary of the Company. SFL is a Non-Banking Finance Company registered with Reserve Bank of India (RBI) engaged in the business of providing loans to Micro Enterprise Group (MEG) and Sustainable & Emerging Businesses (SEB). SFL is committed to bridging the financing gap for small and medium enterprises by offering tailored lending solutions that empower entrepreneurs, drive sustainable

business growth, and strengthen local economies, while promoting environmentally responsible practices and long-term economic resilience. During the financial year 2025-26, the Company has infused INR 9,000 Lakhs by way of equity share capital (including share premium). As on March 31,2026, paid-up capital stood at INR 19,512.05 Lakhs.

Net-worth of SFL as on March 31, 2026 was INR 28,868.03 Lakhs, which exceeded 10% of the consolidated net worth of the Company and consequently, SFL qualifies as 'material subsidiary' of the Company w.e.f. March 31, 2026. Asset under Management stood at INR 1,05,411.53 Lakhs.

3. Satin Technologies Limited (‘STL') - STL was

incorporated on August 13, 2024, under the provisions of the Act, as a wholly-owned subsidiary of the Company. With a focus on harnessing the power of technology to drive efficiency, scalability and customer satisfaction, STL is well-equipped to meet the evolving needs of businesses in the digital age and aims to become a leader in providing state-of-the-art digital solutions that can transform the way businesses operate. During the financial year 2025-26, the Company has infused INR 795 Lakhs by way of equity share capital. As on March 31,2026, paid-up capital stood at INR 995 Lakhs.

NAMES OF COMPANIES WHICH HAVE BECOME OR CEASED TO BE SUBSIDIARY, STEP-DOWN SUBSIDIARY, ASSOCIATE AND JOINT VENTURE COMPANIES DURING THE YEAR

During the financial year 2025-26, the following significant developments took place:

1. Incorporation of Satin Growth Alternatives Limited (‘SGAL'):

SGAL was incorporated on August 27, 2025, under the provisions of the Act, as a wholly owned subsidiary of the Company. SGAL received Certificate of Registration from Securities and Exchange Board of India ('SEBI') as Category II Alternative Investment Fund ('AIF') on April 13, 2026. The incorporation of SGAL marks the Group's strategic expansion into the alternative investment ecosystem, with a focus on structured credit, quasiequity investments and growth capital solutions for emerging and mid-market enterprises, thereby strengthening the Group's presence in diversified financial services.

As of March 31, 2026, SGAL paid-up capital stood at INR 300 Lakhs.

2. Acquisition of stake in QTrino Labs Private Limited:

Satin Technologies Limited (‘STL'), a wholly owned subsidiary of Satin Creditcare Network Limited, along with M/s Anushna Estates Private Limited, a group entity of the Company, entered into a Share Subscription-cum-Shareholders' Agreement (‘SSSHA') on January 17, 2026 with M/s QTrino Labs Private Limited (‘QTrino'), an IIT-incubated deep-tech cybersecurity startup engaged in the development of quantum-safe security solutions for enterprises, for acquisition of majority equity stake in QTrino. Pursuant to the SSSHA, STL invested an amount of INR 424 Lakhs on January 20, 2026 and acquired 27,180 Equity Shares of INR 10 each (INR 4 paid-up), constituting 50.84% of the paid-up share capital of QTrino. Consequently, QTrino has become a subsidiary of STL and a step-down subsidiary of the Company.

As of March 31,2026, QTrino's paid-up capital stood at INR 2.14 Lakhs.

Post financial year 2025-26, STL invested balance amount of INR 636 Lakhs on May 25, 2026 and converted 27,180 partly paid-up Equity Shares into fully paid-up Equity Shares of INR 10 each. Consequently, shareholding percentage of STL has increased from 50.84% to 70.67% on fully diluted basis.

Apart from aforesaid developments, there was no change in the status of any other entities; no company became or ceased to be a joint venture or an associate of the Company during the financial year 2025-26.

Except as mentioned above, there has been no material change in the nature of the business of the subsidiaries.

Business Highlights of Satin Housing Finance Limited

SHFL's net worth stood at INR 37,305.31 Lakhs as on March 31,2026. As on that date, regulatory Capital to Risk Assets Ratio (CRAR) was 53.79%. SHFL's total income during the year ended March 31, 2026 was INR 14,609.80 Lakhs as compared to INR 11,188.87 Lakhs previous financial year ended March 31, 2025 and earned net profit after tax during the financial year ended March 31, 2026 of INR 506.42 Lakhs as compared to previous financial year ended March 31, 2025 of INR 404.26 Lakhs.

Business Highlights of Satin Finserv Limited

SFL's net worth stood at INR 28,868.03 Lakhs as on March 31, 2026. SFL delivered strong growth during the year, with AUM increasing to INR 1,05,411.53 Lakhs (YoY 99%), supported by robust disbursements of INR 74,464.85 Lakhs (YoY 114%). The portfolio mix

remained balanced, and distribution capabilities were significantly strengthened with expansion to 121 branches during the year. Asset quality witnessed improvement, with GNPA reducing to 3.80% (down 105 bps YoY), alongside healthy collection efficiency of 95.8% for the month of March 2026, reflecting disciplined underwriting and focused collections. The total income for financial year 2025-26 stood at INR 17,722.47 Lakhs (YoY 44%). Profitability remained strong, with PAT at INR 1,053.42 Lakhs (YoY 41%), supported by operating leverage. This year marks its 7^th consecutive year of profitability. SFL raised INR 73,327.99 Lakhs during the financial year 202526 (YoY 116%), enhancing its borrowing profile and liquidity position. Capitalization continues to be robust, with CRAR at 29.55%, supported by INR 9,000.00 Lakhs equity infusion from the parent during financial year 2025-26, providing adequate headroom for future growth. As it moves ahead, the focus remains on calibrated growth, anchored in portfolio quality, prudent risk management, and operational excellence.

Business Highlights of Satin Technologies Limited

STL's net worth stood at INR 1,003.72 Lakhs as on March 31, 2026. STL has reported total income of INR 329.21 Lakhs during the financial year ended March 31, 2026 and post adjusting tax expenses, profit after tax stands at INR 2.98 Lakhs. STL continues to progress on its strategic roadmap, focusing on both organic and inorganic growth through internal product innovation, strategic partnerships and potential acquisitions. STL also promotes key strategic initiatives and initiation of a strategic project to evaluate the acquisition of a cybersecurity firm to bolster technological and data security capabilities. A defined target operating model has been put in place to guide future hiring in line with business needs. STL remains committed to evolving its core platforms while actively pursuing strategic opportunities for long-term growth and sustainability.

Business Highlights of Satin Growth Alternatives Limited

SGAL's net worth stood at INR 270.45 Lakhs as on March 31, 2026. During the period ended 2025-26, from the date of its incorporation, SGAL reported total income of INR 5.58 Lakhs. SGAL recorded a net loss after tax of INR 29.55 Lakhs for the period ended March 31,2026.

Operating in the asset management sector, SGAL is an Investment Manager for a SEBI-registered Category II

AIF focused on impact investing. SGAL drives financial inclusion by providing structured hybrid capital to underserved MSMEs in semi-urban and rural areas. By prioritizing funding for women-led enterprises and green initiatives, SGAL fosters grassroots socioeconomic transformation. Ultimately, this strategic capital deployment empowers last-mile communities while delivering robust, risk-adjusted returns for stakeholders.

Business Highlights of QTrino Labs Private Limited

QTrino Labs Private Limited (‘QTrino') net worth stood at INR 445.49 Lakhs as on March 31,2026. During the financial year 2025-26, QTrino reported total income of INR 23.54 Lakhs as against total income of INR 6.59 Lakhs in previous financial year ended March 31,2025. QTrino recorded a net profit after tax of INR 0.81 Lakhs for the financial year ended March 31,2026, as against a net profit after tax of INR 0.26 Lakhs in the previous financial year ended March 31,2025.

FUND RAISED

(a) Resource Mobilization:

During the financial year 2025-26, the Company has continued to diversify the sources of funds and raised a total sum of INR 10,82,602.16 Lakhs by way of shortterm loans, long-term loans, issue of non-convertible debentures, external commercial borrowings, securitization and assignment.

Out of overall amount of INR 10,82,602.16 Lakhs raised through borrowings, INR 20,500.00 Lakhs was raised by issuance of secured non-convertible debentures in

QTrino's primary objective is to develop and deploy advanced technology platforms leveraging emerging technologies such as Artificial Neural Networks (ANNs) and Artificial General Intelligence (AGI), with a particular focus on building quantum-safe IT infrastructure through post-quantum encryption and other advanced cybersecurity solutions to protect businesses and government institutions against evolving quantum threats. QTrino is also engaged in providing training, consultancy and research & development services in the areas of information technology, artificial intelligence, cybersecurity, telecommunications, data sciences and related fields. Further, QTrino seeks to promote innovation, knowledge sharing and skill development through collaborations with industry and academic institutions, as well as through seminars, workshops, conferences and other technical and educational initiatives.

India, INR 4,53,443.00 Lakhs was raised by way of term loan, INR 1,43,067.44 Lakhs by way of Securitization, INR 3,70,169.72 Lakhs by way of Direct Assignment, INR 2,286.00 Lakhs was raised by way of Commercial Paper and INR 15,500.00 Lakhs was raised by way of subordinate debt (NCD). The Company also raised funds through external commercial borrowing (ECB) route of INR 77,636.00 Lakhs.

Subordinated Debts represented long term unsecured source of funds for the Company and the amount outstanding as on March 31,2026 was INR 22,000.50 Lakhs.

(b) Bank Finance:

As on March 31, 2026, borrowings from banks were INR 8,60,285.74 Lakhs as against INR 6,23,913.84 Lakhs as on March 31,2025.

Please refer the Management Discussion and Analysis Report for more information.

(c) Non-Convertible Debentures (NCDs):

i. During the financial year 2025-26, the Company has successfully raised, by way of Private Placement basis:

1. INR 4,410 Lakhs through issuance of 4,410 listed, secured NCDs and INR 15,500 Lakhs through issuance of 15,500 listed, unsecured NCDs, having face value of INR 1,00,000 each; and

2. INR 20,500 Lakhs through issuance of 2,05,000 listed, secured NCDs having face value of INR 10,000 each.

These secured and unsecured NCDs are listed on WDM segment of BSE Limited (BSE).

ii. Details of NCDs which have not been claimed by the Investors:

There are no NCDs which have not been claimed by the Investors or not paid by the Company after the date on which these NCDs became due for redemption.

SHARE CAPITAL Authorized Share Capital

During the financial year 2025-26, there is no change in Authorized Share Capital of the Company. The Authorized Share Capital of the Company as at March 31,2026 stood at INR 2,00,00,00,000 (Indian Rupees Two Hundred Crores only) divided into 12,50,00,000 (Twelve Crores and Fifty Lakhs) Equity Shares of INR 10 (Indian Rupees Ten) each and 7,50,00,000 (Seven Crores and Fifty Lakhs) Preference Shares of INR 10 (Indian Rupees Ten) each, ranking pari-passu in all respects with the existing Equity Shares and Preference Shares of the Company, respectively, as per the Memorandum and Articles of Association of the Company.

Paid-up Share Capital a. Equity Share Capital

As on March 31, 2026, the paid-up Equity Share Capital of the Company stood at INR 11,047.10 Lakhs comprising of 11,04,70,965 Equity Shares of face value of INR 10 each fully paid up.

b. Preference Share Capital

As on March 31, 2026, the Paid-up Preference Share Capital of the Company stood as Nil.

DIVIDEND

Considering the Company's growth, future strategy and plans, the Board of Directors consider it prudent to conserve resources and do not recommend any dividend on Equity Shares for the financial year 2025-26.

The Company has formulated a Dividend Distribution Policy in accordance with provisions of Regulation 43A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, for bringing transparency in the matter of declaration of dividend and to protect the interest of investors.

The Dividend Distribution Policy is available on the website of the Company at https://satincreditcare.com/wp-content/ uploads/?0?1/08/Dividend-Distribution-Policy.pdf.

AMOUNT TRANSFERRED TO RESERVES

An amount of INR 6,041.62 Lakhs, being 20% of the profit after tax (PAT) was transferred to Statutory Reserve of the Company pursuant to Section 45-IC of Reserve Bank of India Act, 1934. Further, closing balance of the retained earnings of the Company as on March 31,2026, after all appropriation and adjustments was INR 1,15,108.51 Lakhs.

DEPOSITS

The Company continues to be categorized and operate as a Non-Deposit taking Non-Banking Financial Company -Micro Finance Institution (NBFC-MFI) and has not accepted any deposits from the public in accordance with applicable provisions of the Reserve Bank of India (Non-Banking Financial Companies - Acceptance of Public Deposits) Directions, 2025 and the provisions of the Companies Act, 2013 (‘the Act').

RBI GUIDELINES

Pursuant to Reserve Bank of India (Non-Banking Financial Companies - Registration, Exemptions and Framework for Scale Based Regulation) Directions, 2025 dated November 28, 2025, as amended from time to time, the Company is categorized as NBFC-Middle Layer (NBFC-ML) and continues to be under the same category till date of this report. The Company continues to fulfil all the norms and standards laid down by RBI pertaining to non-performing assets, capital adequacy and other ratios as applicable to the Company.

As prescribed by RBI norm for Capital Adequacy of 15%, the capital to risk-weighted assets ratio of the Company was 25.39% as on March 31,2026. In line with the RBI guidelines for asset liability management (ALM) system for NBFCs, the Company has an Asset Liability Management Committee, which meets quarterly to review its ALM risks and opportunities. The Company continues to be in compliance with the RBI Scale Based Regulation.

PARTICULARS OF LOANS, GUARANTEE OR INVESTMENTS

During the financial year 2025-26, in terms of provisions of Section 186(1) of the Act the Company did not make any investment through more than two layers of investment companies.

The Company, being an NBFC registered with RBI and engaged in the business of giving loans in ordinary course of its business, disclosure regrading particulars of loan or guarantee given and security provided is exempted under the provisions of Section 186(11) of the Act read with rules made thereunder, as amended.

Further, details of loans and investments outstanding during the financial year are furnished in notes to the Standalone Financial Statements of the Company.

RELATED PARTY TRANSACTIONS

The Company has in place a Policy on Related Party Transactions (‘RPT Policy'), as amended from time to time. The Policy provides for identification of RPT, necessary approvals from the Audit Committee/Board/ Shareholders, reporting and disclosure requirements in compliance with the provisions of the Act and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations'). The said RPT Policy can be accessed on the website of the Company at https://satincreditcare.com/wp-content/uploads/2025/04/RPT-Policy.pdf.

All contracts or arrangements executed by the Company during the financial year 2025-26 with related parties were on arm's length basis and in the ordinary course of business. During the financial year 2025-26, the Company has not entered into any contract(s)/arrangement(s)/transaction(s) with related parties which could be considered material in accordance with Section 188 of the Act read with rules framed thereunder and Regulation 23 of the SEBI LODR Regulations, as amended and RPT Policy of the Company. Hence, disclosure of RPTs as required under Section 134(3) (h) of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014, in Form AOC-2 is not applicable to the Company.

None of the transactions with any of the related parties were in conflict with the interest of the Company rather, these were synchronized and synergized with the Company's operations.

All RPTs were placed before the Audit Committee and Board of Directors for their approval, wherever applicable. Further, a statement of all Related Party Transactions is also presented before the Audit Committee on a quarterly basis.

Further, details of related party transactions as required to be disclosed as per Indian Accounting Standard - 24 'Related Party Disclosures' specified under Section 133 of the Act are given in Note 49 forming part of Standalone Financial Statements of the Company.

DETAILS OF ADEQUACY OF INTERNAL FINANCIAL CONTROLS

The policies and procedures adopted by the Company take into account the design, implementation and maintenance of adequate internal financial controls, keeping in view the size and nature of the business. The internal financial controls ensure the orderly and efficient conduct of its business. The controls encompass safeguarding of the Company's assets, strict adherence to policies, and prevention and detection of frauds and errors against any unauthorized use or disposition of assets and misappropriation of funds. These controls help to keep a check on the accuracy and completeness of the accounting records and timely preparation of reliable financial disclosures. The Audit Committee ensures that all procedures are properly authorized, documented, described and monitored. The Company has in place technologically advanced infrastructure with computerization in all its operations, including accounts and MIS.

The Company has strong internal audit processes and systems and designs annual risk-based audit plan to ensure optimum portfolio quality and keep risks at bay. There is a risk-based audit methodology for field audits and corporate functions audits which are planned based on various risk-based parameters. There is a full-fledged in-house Internal Audit department. The branch and regional office audits take place generally thrice a year and corporate function audits takes place as per periodicity defined in the approved internal audit plan.

The Audit Committee of the Board of Directors, comprising Non-Executive Directors, periodically reviews the internal audit reports, covering findings, adequacy of internal controls, and ensures compliances. The Audit Committee also meets the Company's Statutory Auditors to ascertain their views

on the financial statements, including the financial reporting system, compliance to accounting policies and procedures, adequacy and effectiveness of the internal controls and systems followed by the Company.

Information System Security controls enable the Company to keep a check on technology-related risks and also improve business efficiency and distribution capabilities. The Company is committed to invest in IT systems, including back-up systems, to improve the operational efficiency, customer service and decision-making process.

The exemplary standards of the Company's internal control systems are clearly demonstrated by its achievement of the ISO 27001:2022 certification, following a rigorous two-stage audit process conducted by a third-party certification body including both Documentation Audit and Control Testing Audit. Additionally, the Company undergoes an annual Surveillance Audit by independent ISO auditors to maintain this certification. By adhering to ISO 27001 standards, the organization proactively identifies and mitigates potential security threats to financial data, thereby bolstering the integrity, confidentiality, and availability of financial information. This strategic approach significantly reduces the risk of fraud, unauthorized access, and data breaches. It also reinforces stakeholders such as investors and customers—that the organization is fully committed to protecting sensitive financial information, thus fostering greater trust and credibility.

IT security controls are essential measures implemented to protect digital assets from unauthorized access, alteration, or destruction. These controls encompass a range of technologies, processes, and policies designed to safeguard information systems, networks and data from cyber threats & vulnerabilities. There are robust cloud systems which have been implemented efficiently, ensuring scalability, security and reliability for seamless operations and data management.

The Company has implemented a robust 'Centralized Shared Services Centre (CSS)' to enhance the vigilance and accuracy of customer onboarding. The Centralized Shared Services, an outsourced process unit, plays a crucial role in verifying loan applications and KYC documents, ensuring the authenticity of clients receiving disbursements. In addition, we leverage e-KYC and e-signature technology using IRIS for seamless agreement signing, while incorporating AI-based cameras during the sourcing process and capturing geo-location data and In-house developed FRS (Face Recognition System) is used to verify the identity of individuals performing disbursement transactions. This integrated approach has significantly strengthened our ability to filter out adverse customer profiles, ensuring more accurate customer selection and sanctioning.

MATERIAL EVENT RECORDED SUBSEQUENT TO THE DATE OF FINANCIAL STATEMENTS

There is no material change and commitment adversely affecting financial position of the Company, which has occurred between end of the financial year of the Company

i.e. March 31,2026 and as on date of this Report.

However, post financial year 2025-26, in accordance with provisions of the Companies Act, 2013 read with Rules framed thereunder, and applicable provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations) and subject to approval of Members of the Company, the Board of Directors in its meeting held on June 04, 2026 had approved the proposal for issuance and allotment of upto 38,50,000 fully convertible warrants at an issue price of INR 260 (Indian Rupees Two Hundred Sixty only) each, determined in accordance with provisions of Chapter V of SEBI ICDR Regulations, for an aggregate amount of up to INR 100.10 Lakhs (Indian Rupees One Hundred Crores and Ten Lakhs only), to Trishashna Holdings & Investments Private Limited, an entity belonging to the 'Promoter & Promoter Group', on a preferential basis.

In terms of Regulation 161 of SEBI ICDR Regulations, the relevant date for determining the floor price for the Preferential Allotment of the Warrants has been reckoned as Thursday, June 04, 2026, being the date 30 days prior to the last date for remote e-voting for postal ballot. Further, in terms of Regulation 164 of SEBI ICDR Regulations, the minimum issue price of Warrants on Preferential basis is calculated as INR 222.82 each. However, the Board of Directors of the Company has decided to issue the Warrants, at an Issue Price of INR 260 (Indian Rupees Two Hundred Sixty only) each, which is 16.7% premium to the minimum price of INR 222.82 and above the prevailing market price.

Consolidated Financial Statements

In accordance with Section 129(3) of the Act and Regulation 34(2) of SEBI LODR Regulations, Consolidated Financial Statements of the Company including financial details of all the subsidiary companies, forms part of this Annual Report. The Consolidated Financial Statements have been prepared in accordance with the provisions of Indian Accounting Standards issued by the Institute of Chartered Accountants of India & Schedule III of the Act.

Further, a statement containing salient features of the financial statements of the Company's subsidiaries in Form AOC-1 also form part of this Annual Report. Further, the Company has neither any Associate nor any Joint Venture as on March 31,2026.

The financial statements of the subsidiary companies are also available on the Company's website https:// satincreditcare.com/our-subsidiaries/

DIRECTORS AND KEY MANAGERIAL PERSONNEL (KMP)

A. DIRECTORS

i. Composition of Board of Directors:

The composition of the Board of Directors is in accordance with provisions of Section 149 of the Act and Master Directions - Reserve Bank of India (Non-Banking Financial Companies -Governance) Directions, 2025 and in terms of Regulation 17 of SEBI LODR Regulations, with an optimum combination of Executive and NonExecutive Directors and Independent Directors (including one-woman director).

As on March 31, 2026, the Board of Directors of the Company comprises of 6 (Six) Directors, out of which 4 (Four) Directors are Non-Executive & Independent Directors, including 1 (One) Women Independent Director. Details are furnished below:

ii. Change in Directorate

Following changes occurred in the Directorate of the Company during the financial year 2025-26:

a) Mr Anil Kaul (DIN: 00644761) resigned as Non-Executive & Independent Director of the Company, w.e.f. June 27, 2025, due to his professional pre-occupation by accepting a new assignment which needs his full-time attention and time commitment which would

be challenging for him to spend adequate time on Company's Board and Committees along with the new assignment.

b) Based on recommendation of Nomination and Remuneration Committee and Board of Directors, Shareholders of the Company at 35^th Annual General Meeting held on August 07, 2025, approved appointment of Mr Ashok Kumar Sharma and Mr Anupam Kunal Gangaher as Non-Executive & Independent Directors of the Company w.e.f. June 27, 2025.

c) Mr Anil Kumar Kalra ceased to be NonExecutive & Independent Director of the Company w.e.f. December 07, 2025, due to his retirement upon completion of 2 (two) consecutive terms of 5 (five) years each.

During the financial year 2025-26, Non-Executive Directors of the Company had no material pecuniary relationship or transactions with the Company, apart from receiving remuneration by way of commission and sitting fees for attending meetings of the Board of Directors/Committee(s) as prescribed under Section 197 of the Act. The terms and conditions of appointments of NonExecutive & Independent Directors are available on the website of the Company.

In opinion of Board of Directors, the Independent Directors appointed are person of integrity, expertise and experience (including proficiency) and fulfil requisite conditions as per applicable laws and are independent of management of the Company.

B. DIRECTORS' INDUCTION AND FAMILIARIZATION PROGRAMME

In accordance with provisions of Regulation 25(7) of SEBI LODR Regulations and Schedule IV of the Act, the Company familiarizes its Independent Directors about their roles, rights and responsibilities in the Company through various program.

i. Induction Programme for new Directors:

All Directors, upon their appointment, are provided with a detailed induction and familiarization program, including presentations on the nature of the industry in which the Company operates, the Company's business model and various aspects of its operations and governance framework.

The Company also conducts interactive sessions with the Key Managerial Personnel, Senior Management Personnel and business and functional heads, among others.

ii. Regular Business Updates/Training Programme:

Periodic presentations are made at the Board and Committee meetings covering inter-alia, Company's business operations and performance, financial position, strategic and operational initiatives, risk management and mitigation measures. Periodic training and familiarization programs are conducted for the Board Members on the Company's information technology infrastructure, cyber security preparedness, digital transformation initiatives and other significant business and governance matters to enable them to effectively discharge their roles and responsibilities.

iii. Regulatory Updates:

Monthly updates on regulatory amendments, their potential impact on the Company and the corresponding course of action proposed to address such changes and ongoing legal and regulatory developments are shared with the Board to keep it abreast of ongoing legal and regulatory developments.

The detail of such familiarization programs conducted are uploaded on the Company's website at https://satincreditcare.com/policies-practices/#1611050197222-fdc295ab-84a2.

C. RETIREMENT BY ROTATION AND SUBSEQUENT REAPPOINTMENT

In accordance with provisions of Section 152 of the Act and Articles of Association of the Company, Mr Satvinder Singh (DIN: 00332521), Non-Executive & Non-Independent Director, is liable to retire by rotation at the ensuing AGM and, being eligible, offered himself for re-appointment as Director. Based on recommendation of Nomination and Remuneration Committee, the Board, at its meeting held on May 11, 2026, has recommended his re-appointment at the ensuing AGM. The Board of Directors of the Company recommends his re-appointment.

A brief profile and other relevant details of Mr Satvinder Singh, as stipulated under Regulation 36(3) and other applicable provisions of SEBI LODR Regulations and Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India forms

part of the Notice of ensuing AGM, forming part of this Annual Report.

The resolution for re-appointment of Mr Satvinder Singh is being placed for approval of the Shareholders of the Company at the ensuing AGM.

D. KEY MANAGERIAL PERSONNEL

As on March 31, 2026, Dr Harvinder Pal Singh, Chairman cum Managing Director, Mr Jugal Kataria, Group Controller, Mr Amit Kumar Gupta, Chief Financial Officer & Mr Vikas Gupta, Company Secretary & Chief Compliance Officer are the Key Managerial Personnel(s) of the Company in accordance with the provisions of Sections 2(51) and 203 of the Act read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

During the financial year 2025-26, following changes took place:

a) Based on recommendation of Audit Committee, Nomination and Remuneration Committee and Board of Directors, Shareholders of the Company at 35^th AGM held on August 07, 2025, approved re-appointment of Dr. Harvinder Pal Singh as Chairman cum Managing Director and Whole Time Key Managerial Personnel of the Company for a further term of 5 (five) consecutive years w.e.f. October 01,2025 till September 30, 2030.

b) Mr Manoj Agrawal resigned from the position of Chief Financial Officer & Key Managerial Personnel w.e.f. closure of business hours on February 08, 2026, owing to personal reasons and to pursue other professional engagements.

c) Based on recommendations of Audit Committee & Nomination and Remuneration Committee, the Board of Directors at its meeting held on February 03, 2026, had approved appointment of Mr Amit Kumar Gupta, as Chief Financial Officer & Key Managerial Personnel of the Company w.e.f. February 09, 2026.

E. STATEMENT ON DECLARATION CERTIFICATE OF INDEPENDENCE'

All Independent Directors have submitted their disclosure(s) to the Board of Directors confirming that they meet/fulfill the criteria of independence as stipulated under Section 149(6) of the Act and Regulation 16(1 )(b) of the SEBI LODR Regulations, as amended so as to continue as Independent Directors under the aforesaid rules and regulations.

Further, in terms of Regulation 25(8) of the SEBI LODR Regulations, Independent Directors have confirmed that they are not aware of any circumstances or situation which exist or may be anticipated, that could impair or impact their ability to discharge their duties.

Additionally, all Directors of the Company have confirmed that they satisfy the 'Fit and Proper' criteria as prescribed under the Reserve Bank of India (NonBanking Financial Companies - Governance) Directions, 2025 and Nomination and Remuneration Policy of the Company.

MEETINGS OF THE BOARD

During the financial year 2025-26, 11 (Eleven) Board Meetings were held, details of the same have been included in the Corporate Governance Report, which forms part of this Annual Report.

PERFORMANCE EVALUATION OF BOARD, COMMITTEES AND DIRECTORS

Pursuant to provisions of Section 178 of the Act and Regulation 17(10) read with Part D of Schedule II of the SEBI LODR Regulations, Nomination and Remuneration Committee and Board of Directors have formulated a policy for performance evaluation (same is covered under the Nomination and Remuneration Policy of the Company) of its own performance, of various mandatory Committees of the Board and of the individual Directors.

Further, pursuant to SEBI Circular No. SEBI/HO/CFD/CMD/ CIR/P/2017/004) dated January 5, 2017 and in terms of Board approved 'Nomination and Remuneration Policy' of the Company, Independent Directors at their separate meeting held on March 21,2026 under Regulation 25(4) of the SEBI LODR Regulations and Schedule IV of the Act had:

(i) reviewed the performance of Non-Independent Directors and the Board of Directors as a whole;

(ii) reviewed the performance of the Chairperson of the Company, considering the views of Executive and NonExecutive Directors; and

(iii) assessed the quality, quantity and timelines of flow of information between the Company's management and the Board of Directors that was necessary for the Board of Directors to effectively and reasonably perform their duties.

Additionally, in terms of provisions of Section 178 of the Act and Regulation 19(4) read with Part D of Schedule II of the SEBI LODR Regulations, the performance evaluation process

of all Independent and Non-Independent Directors of the Company was carried out by Nomination and Remuneration Committee at its meeting held on March 21,2026. Further, in terms of Regulation 17(10) of the SEBI LODR Regulations and Schedule IV of the Act, the Board of Directors also in their meeting held on March 21,2026 carried out evaluation of its own performance and that of its Committees and of the individual Directors.

The entire performance evaluation process was completed to the satisfaction of the Board reflecting effective functioning and adherence to established governance standards.

COMPLIANCE WITH SECRETARIAL STANDARDS

The Company has devised proper systems to ensure compliance with provisions of all applicable Secretarial Standards issued by the Institute of Company Secretaries of India and that such systems are adequate and operating effectively.

DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Act, the Board of Directors of the Company, to the best of its knowledge and ability, hereby confirm that:

1. in the preparation of the annual accounts for the financial year ended March 31, 2026, the applicable accounting standards had been followed along with proper explanation relating to material departures, if any;

2. they have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as on March 31,2026 and of the profit of the Company for the year ended on that date;

3. they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

4. they have prepared the annual accounts for financial year ended March 31,2026 on a going concern basis;

5. they have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively during the financial year ended March 31, 2026; and

6. they have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively during the financial year ended March 31,2026.

INFORMATION ON MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS

During the financial year 2025-26, no significant or material orders were passed by the regulators or courts or tribunals affecting the going concern status of the Company and its operations in future.

AUDITORS & THEIR REPORTS Statutory Auditors & their Report

Pursuant to provisions of Sections 139 and 141 of the Act read with rules framed thereunder includes amendments thereto and in accordance with 'Guidelines for Appointment of Statutory Central Auditors /Statutory Auditors of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs)' dated April 27, 2021, issued by Reserve Bank of India, read with the Company's Policy on Appointment of Statutory Auditors, based on recommendation of Audit Committee and the Board of Directors, Shareholders of the Company at its 34^th AGM held on August 09, 2024, had appointed M/s J C Bhalla & Co., Chartered Accountants, (Firm Registration No. 001111N), as Statutory Auditors of the Company, for a period of 3 (three) consecutive years i.e. from the conclusion of 34^th AGM till conclusion of 37^th AGM to be held in the year 2027.

The Statutory Auditors have confirmed their eligibility and furnished a written certificate stating that they are not disqualified from holding the office of Statutory Auditors. The report given by the Statutory Auditors on the financial statements of the Company forms part of the Annual Report.

Further, the Auditors' Report for the financial year 2025-26, forming part of this Annual Report, does not contain any qualification, reservation, adverse remark or disclaimer. Further, there were no instances of any fraud reported by the Statutory Auditors to the Board pursuant to Section 143(12) of the Act.

Secretarial Auditors & their Report

Pursuant to provisions of amended Regulation 24A of SEBI LODR Regulations, based on recommendation of Audit Committee and the Board of Directors, Shareholders of the Company at 35^th Annual General Meeting held on August 07, 2025, approved appointment of M/s DPV & Associates LLP (Firm Registration No. L2021HR0009500), Peer Reviewed Practicing Company Secretaries Firm, as Secretarial

Auditors of the Company for a term of 5 (five) consecutive years, commencing from April 01,2025 till March 31,2030.

The Secretarial Audit Report in prescribed Form MR-3 as provided by M/s DPV & Associates LLP for the financial year 2025-26, does not contain any qualification, reservation, adverse remark or disclaimer and the same is annexed to this Annual Report as Annexure - I.

Cost records and Cost audit

Maintenance of cost records and requirement of Cost Audit as specified by the Central Government under Section 148 (1) of the Act, is not applicable for the business activities carried out by the Company and hence, such accounts and records are not maintained.

Reporting of Frauds by Auditors

During the financial year 2025-26, neither the Statutory Auditors nor the Secretarial Auditors have reported any instances of fraud involving such amount(s) as prescribed under Section 143 of the Act in the Company by its officers or employees which are required to be disclosed in this Report.

However, there have been few instances of misappropriation and criminal breach of Trust including embezzlement of cash by the employees amounting to INR 38.63 Lakhs. In such cases, the action taken by the Company is to terminate the services of such employees and initiate legal action against such employees as deemed appropriate. In this course, the Company has recovered INR 6 Lakhs from some of those employees involved in previously reported cases.

AUDIT COMMITTEE

The Company has an Audit Committee duly constituted in accordance with provision of Section 177 of the Act, Master Direction - Reserve Bank of India (Non-Banking Financial Companies - Governance) Directions, 2025 and Regulation 18 read with Schedule II of SEBI LODR Regulations, as amended.

All Members of Audit Committee have expertise in finance and have knowledge of accounting and financial management. The scope of the Audit Committee, as set out in Regulation 18 read with Schedule II of SEBI LODR Regulations and other applicable laws, is approved by Board of Directors of the Company. The composition of Audit Committee & its terms of reference and the details of meeting(s) attended by Audit Committee Members are provided in Corporate Governance Report which forms part of this Annual Report.

During the financial year 2025-26, all the recommendations made by the Audit Committee were duly accepted by the Board of Directors of the Company.

CORPORATE SOCIAL RESPONSIBILITY AND ESG COMMITTEE

The Company is committed to building equitable and inclusive pathways for women, youth and marginalized groups on a meaningful scale through breakthrough innovation. The Company has a vision to drive 'holistic empowerment' of the community and carries CSR initiatives through partnering with trust/foundation, qualified to undertake CSR activities in accordance with Schedule VII of the Act (includes amendments thereto). Sustainability and social responsibility are integral element of corporate strategy of the Company.

In compliance with Section 135 of the Act read with rules framed thereunder and in terms of SEBI LODR Regulations, as amended from time to time, the Company had established the Corporate Social Responsibility and ESG Committee.

The composition, function and details of meetings of the Corporate Social Responsibility and ESG Committee during the financial year 2025-26, are provided in the Corporate Governance Report, which forms part of this Annual Report.

During the financial year 2025-26, the Company has contributed INR 300 Lakhs to GNA University, a private university in Phagwara Punjab (an initiative of S. Amar Singh Educational Charitable Trust) for scholarship of the underprivileged students and Infrastructure Development for girls' hostel in order to promote education & guidance to the poor and marginalized children of the region, which had very low literacy rates, especially among females.

Further, during the financial year 2025-26, the Company had also contributed INR 215.38 Lakhs to Hardicon Social Foundation, a not-for-profit organization and a Wholly Owned Subsidiary of Hardicon Limited, is a deemed Government organization established in 1985, jointly by Central and State Government owned public sector financial institutions towards promoting sustainable selfemployment opportunities by distributing sewing machines with a table and tailoring kits to 1,000 underprivileged women and organized orientation & skill development workshops for women across rural and semi urban communities.

Annual Report on CSR under Section 135 of the Act read with rules framed thereunder, is annexed as Annexure-II to this Report and the Annual Action Plan is available on the website of the Company i.e. https://satincreditcare. com/csr/.

As per amended CSR Rules and CSR Policy of the Company, the funds required to be disbursed have been utilized for the purposes and in the manner as approved by the Board of the Company and fund utilization certificates duly signed by

Chief Financial Officer and CSR Nodal Officer of the Company along with auditor's certificates shared by Implementing Agencies have been duly noted by the Board in its meeting held on May 11,2026.

The composition of Corporate Social Responsibility and ESG Committee and Board adopted CSR Policy as formulated are available at https://satincreditcare.com/wp-content/ uploads/2024/03/Corporate-Social-Responsibility-Policy.pdf.

EMPLOYEES STOCK OPTION PLAN

The 'SATIN Employee Stock Option Scheme 2017' (‘ESOS 2017/Scheme') is in compliance with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021, as amended from time to time (‘SBEB Regulation').

A certificate as required under Regulation 12 of SBEB Regulations, as amended, confirming that the ESOS 2017 has been implemented in accordance with SBEB Regulations, issued by M/s DPV & Associates LLP, Secretarial Auditors of the Company, is available on the website of the Company www.satincreditcare.com.

Disclosures pertaining to ESOS 2017 pursuant to SBEB Regulations are placed on the Company's website https:// satincreditcare.com/wp-content/uploads/2026/06/ESOP. pdf Grant wise details of options vested, exercised and cancelled are provided in the notes to the standalone financial statement of the Company.

The Company has not provided any financial assistance to its employees for purchase or subscription of shares in the Company. The Company has not issued any Sweat Equity Shares or Equity Shares with differential voting rights during the year.

POLICIES

I. Vigil Mechanism/Whistle Blower Policy

Pursuant to provisions of Section 177(9) of the Act read with rules framed thereunder and Regulation 22 of SEBI LODR Regulations, as amended, from time to time, the Company had adopted Vigil Mechanism/Whistle Blower Policy (‘WB Policy') that aims to deal with instances of unethical behavior, actual or suspected fraud or violation of Company's code of conduct and the same is explained in the Corporate Governance Report.

The Policy provides adequate safeguard against victimization to whistle blower and enables the Directors & employees to raise their concerns, also provides an option of direct access to the Chairman

of Audit Committee. During the financial year 2025-26, none of the personnel have been denied access to the Chairman of the Audit Committee.

During the financial year 2025-26, a complaint was received from a former Community Service Officer on June 14, 2025, alleging undue pressure on staff regarding overdue loan repayments and concerns about repayment handling in group loans. An independent investigation was conducted into the matter and the allegations were found to be unsubstantiated or within normal processes, though some supervisory issues were noted and corrective disciplinary actions were taken.

The WB Policy of the Company is also available on the website of the Company at https://satincreditcare. com/wp-content/uploads/2025/10/Whistle-Blower-Policy.pdf

II. Policy on Nomination & Remuneration for Directors, Key Managerial Personnel (KMP) & Senior Management Personnel (SMP) and Other Employees

Pursuant to provisions of Section 178 of the Act and Regulation 19 read with Schedule II of the SEBI LODR Regulations, as amended, and in accordance with applicable provisions of Reserve Bank of India (Non-Banking Financial Companies - Governance) Directions, 2025, the Company has in place Nomination and Remuneration Policy (‘NR Policy'), inter-alia, for determining qualifications, positive attributes, independence and remuneration of Directors (Executive and Non-Executive), Key Managerial Personnel, Senior Management Personnel and other employees in line with the requirement of the Act, SEBI LODR Regulations and Guidelines on Compensation of the Key Managerial Personnel, Senior Management Personnel as issued by the RBI.

During the financial year 2025-26, NR Policy was reviewed and revised, inter alia, to align the same with the recent amendments to the applicable laws, regulatory requirements and evolving corporate governance practices.

The Nomination and Remuneration Policy of the Company is also available on the Company's website at https://satincreditcare.com/wp-content/ uploads/2026/06/NRC-Policy.pdf

Risk Management

The Company has a well-defined Risk management framework, established system and adequate

controls for identification, assessment, measurement, reporting, mitigation and/or management of risks. The processes, policies and procedures are periodically reviewed by the Risk Management Committee and the Board of Directors. Risk Management Committee of the Board is duly supported by Asset Liability Management Committee (ALCO) and Executive Risk Management Committee (ERMC).

All major risk classes are managed through focused and specific risk management processes; these risks include credit risk, operational risk, market and liquidity risk. Risk Management function provides periodic reports to the Management and Risk Management Committee of the Board encompassing the risk profile of the Company across various risk areas, enabling the relevant stakeholders to take timely and informed decisions.

The Company follows three lines of defense model, whereby front-office functions, risk management and compliance and Internal audit roles are played by functions independent of one another. Internal control systems, organizational structure, processes, policies, and code of conduct together form a robust mechanism that govern efficient functioning of the business, and the existing risk management measures are being regularly upgraded to ensure risk avoidance and risk mitigation.

III. Policy on Prevention, Prohibition and Redressal of Sexual Harassment under The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013

The Company has zero tolerance towards sexual harassment at the workplace and has adopted a Policy on Prevention, Prohibition and Redressal of Sexual Harassment at Workplace (‘Policy') in line with the requirements of the Sexual Harassment of Women at the Workplace (Prevention, Prohibition and Redressal) Act, 2013 and rules framed thereunder.

The Company had also conducted several awareness training programs during the financial year 2025-26 to educate the employees on the scope of the Policy and the grievance redressal mechanism under the Act.

Further, the Company has set up an Internal Complaints Committee (ICC) as required under the said Act to redress the complaints received pertaining to sexual harassment. All employees (viz., permanent, contractual, temporary, trainees) are covered under

this Policy. Any complaint received by the ICC is addressed and resolved in accordance with the Policy and applicable laws of the Act, as well as other relevant laws and regulations.

The Annual Report of ICC for the period from January 01,2025 to December 31,2025 was submitted to the Office of the District Collector, Gurugram on January 23, 2026. Further, during the aforesaid period, no complaint pertaining to sexual harassment was received by the Company.

Fair Practice Code

The Company has in place a Fair Practices Code (‘FPC') as approved by the Board, in compliance with the guidelines issued by RBI, to ensure better service and provide necessary information to customers enabling them to take informed decisions. The FPC is available on the website of the Company at https://satincreditcare. com/policies-practices/#1529498024292-2e31dd15-f1e7

Customer Grievance

The Company has a dedicated Customer Grievance team for receiving and handling customer complaints/ grievances and to ensure that the customers are always treated in a fair and unbiased way. All grievances raised by the customers are dealt with courtesy and redressed expeditiously.

Further, the Board of Directors of the Company is acting as the Consumer Protection Committee pursuant to provisions under applicable RBI Guidelines.

PARTICULARS OF EMPLOYEES

Disclosure pertaining to remuneration and other details as required under Section 197(12) read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are annexed as Annexure-III.

In accordance with provisions of Section 197(12) of the Act read with Rules 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, as amended, a statement showing the name and other particulars of the employees drawing remuneration in excess of the limits set out in the said Rules which forms part of this report, will be made available to any Member on request, as per provisions of Section 136 of the Act.

In terms of provisions of Section 136 of the Act, Report and Accounts are being sent to Shareholders of the Company excluding information on employees' particulars which is available for inspection by the Shareholders of the Company at Registered Office of the Company, during business hours upto the date of ensuing Annual General Meeting. If any Member is interested in obtaining such information, he/she may write to the Company Secretary at the Corporate Office of the Company.

LISTING ON STOCK EXCHANGES

The Equity Shares (bearing ISIN INE836B01017) of the Company are listed on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE). The Annual Listing Fees for the financial year 2026-27 have been paid to both the exchanges.

The Non-Convertible Debentures issued on private placement basis are listed on Wholesale Debt Market segment of BSE.

ANNUAL RETURN

Pursuant to provisions of Section 92(3) read with Section 134(3)(a) of the Act read with rules framed thereunder, copy of Annual Return as on March 31,2026 is available on the website of the Company and can be accessed through the following link https://satincreditcare.com/wp-content/ uploads/?0?6/06/AC3988453.pdf

CHANGE IN THE NATURE OF BUSINESS, IF ANY

During the financial year 2025-26, there was no change in the nature of business of the Company.

BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT

Pursuant to provisions of Regulation 34 of SEBI LODR Regulations, top 1,000 listed entities based on market capitalization are required to submit a Business Responsibility and Sustainability Report (‘BRSR') on the environmental, social and governance disclosures.

A detailed BRSR in the format prescribed by SEBI describing various initiatives, actions and process of the Company towards ESG endeavor, forms part of this Annual Report and has also been hosted on Company's website and can be accessed at https://satincreditcare.com/investor-relations-satin-creditcare/annual-report/.

PARTICULARS ON CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

The information pertaining to conservation of energy, technology absorption, foreign exchange earnings and outgo as required under clause (m) of sub-section (3) of

Bankruptcy Code, 2016 during the reporting year, hence no disclosure is required under this section.

iii. The Company is in compliance with the applicable provisions relating to the Maternity Benefit Act, 1961.

ACKNOWLEDGEMENTS

The Directors would like to place on record their gratitude for the cooperation received from lenders, our valued customers, regulatory bodies, Shareholders and other stakeholders. The Board, in specific, wishes to place on record its sincere appreciation of the contribution made by all the employees towards growth of the Company.