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Sammaan Capital Completes Timely Redemption of Secured Debentures

Story Highlights
  • Sammaan Capital has fully repaid principal and interest on its secured non-convertible debentures at maturity.
  • The timely debenture servicing under SEBI norms bolsters Sammaan Capital’s regulatory compliance and supports investor confidence.
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Sammaan Capital Completes Timely Redemption of Secured Debentures

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Sammaan Capital Ltd ( (IN:SAMMAANCAP) ) just unveiled an update.

Sammaan Capital Limited has certified that it has made timely payment of both principal and interest on its secured redeemable non-convertible debentures issued on a private placement basis and listed on Indian stock exchanges. The company confirmed full redemption of the series identified by ISIN INE148I07EM6 on its maturity, with no delays or outstanding amounts, signaling continued adherence to regulatory norms and supporting its creditworthiness and investor confidence.

The payments were executed in line with Regulation 57 of SEBI’s Listing Obligations and Disclosure Requirements and the applicable SEBI master circular governing corporate debt servicing. By meeting its obligations in full and on time, Sammaan Capital reinforces its track record of compliant debt management, which is a key consideration for existing debenture holders and potential institutional investors in its future capital-raising activities.

More about Sammaan Capital Ltd

Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, operates in the housing finance and broader financial services sector in India. The company focuses on providing home loans and related credit products, serving retail borrowers across key markets from its corporate office in Gurgaon and registered office in New Delhi.

Average Trading Volume: 568,492

Technical Sentiment Signal: Sell

Current Market Cap: 166.2B INR

Learn more about SAMMAANCAP stock on TipRanks’ Stock Analysis page.

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