Sammaan Capital Limited — Important, 11-02-2025: Updates

Sammaan Capital Limited faces a legal challenge from Svamaan Financial Services Private Limited, which alleges that its name is deceptively similar to Svamaan’s trademark. The Delhi High Court has issued an interim order restraining Sammaan Capital from using the word "Sammaan" or similar terms during the ongoing proceedings. The company had previously undertaken all necessary steps for its name change, including shareholder approval and trademark registration. Currently, the company is exploring legal remedies to overturn this interim order, with a hearing scheduled for March 27, 2025. Stakeholders should monitor developments closely, as this issue could impact the company’s branding and market operations.