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The latest announcement is out from Sammaan Capital Ltd ( (IN:SAMMAANCAP) ).
Sammaan Capital has outlined a new capital and liability strategy following its integration into the International Holding Company group, leveraging IHC’s strong sovereign-linked credit profile to enhance its own ratings and funding access. The company expects that improved credit strength and equity infusion will lower its cost of funds and support access to larger, longer-tenor pools of capital.
As part of this strategy, the firm is launching a repurchase offer for its non-convertible debentures maturing up to July 31, 2026 at par, using surplus liquidity to optimize its liability structure. Management plans to scale this buyback programme to longer-dated NCDs over time, aiming to rebalance maturities, strengthen the liability profile, elongate tenors and embed a structurally lower borrowing cost while holding acquired NCDs as treasury stock until maturity.
More about Sammaan Capital Ltd
Sammaan Capital Limited, formerly Indiabulls Housing Finance, operates in India’s housing finance and lending sector, focusing on home loans and related credit products. The company has become part of Abu Dhabi-based International Holding Company PJSC’s group after Avenir Investment RSC acquired a 41.5% stake, positioning IHC as promoter and strategic controller with access to global funding networks.
Average Trading Volume: 521,312
Technical Sentiment Signal: Hold
Current Market Cap: 124.3B INR
For an in-depth examination of SAMMAANCAP stock, go to TipRanks’ Overview page.