tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sammaan Capital Confirms Timely Interest Payment on Private Placement NCDs

Story Highlights
  • Sammaan Capital operates in India’s housing finance sector, offering home loans funded partly through private NCDs.
  • The company reported timely, full interest payment on its privately placed secured NCDs, signaling strong debt servicing discipline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sammaan Capital Confirms Timely Interest Payment on Private Placement NCDs

Claim 70% Off TipRanks Premium

Sammaan Capital Ltd ( (IN:SAMMAANCAP) ) has shared an update.

Sammaan Capital Limited has confirmed that it has made a timely payment of the entire interest due on its secured redeemable non-convertible debentures issued on a private placement basis. The company’s certification under Regulation 57 of SEBI’s Listing Obligations and Disclosure Requirements indicates that there was no delay or default in servicing this debt, underscoring Sammaan Capital’s adherence to regulatory norms and its ongoing commitment to maintaining credit discipline for its debenture holders.

More about Sammaan Capital Ltd

Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, operates in the housing finance and lending sector, offering home loans and related financing solutions in India. The company is listed on the National Stock Exchange of India and BSE, and raises funding through instruments such as secured redeemable non-convertible debentures (NCDs) placed on a private placement basis.

Average Trading Volume: 761,129

Technical Sentiment Signal: Buy

Current Market Cap: 124B INR

For an in-depth examination of SAMMAANCAP stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1