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Sammaan Capital Ltd ( (IN:SAMMAANCAP) ) just unveiled an update.
Sammaan Capital Limited has announced the allotment of 30,000 secured, rated, listed, redeemable, non-convertible debentures (NCDs) on a private placement basis, amounting to a total of INR 300 crore. This issuance, divided into Series I and Series II, is aimed at strengthening the company’s financial position and enhancing its market offerings, with the debentures set to mature in December 2030. The move is expected to bolster Sammaan Capital’s financial stability and provide additional resources for its operations, potentially impacting its market positioning and stakeholder interests positively.
More about Sammaan Capital Ltd
Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, operates in the financial services industry, focusing on housing finance and related financial products. The company is headquartered in Gurgaon, Haryana, India, with a registered office in New Delhi.
Average Trading Volume: 1,169,327
Technical Sentiment Signal: Buy
Current Market Cap: 123.2B INR
Learn more about SAMMAANCAP stock on TipRanks’ Stock Analysis page.