Sammaan Capital Limited — Important, 28-01-2025: Updates

Sammaan Capital Limited has allotted 4,900 Secured, Listed, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) under a private placement, amounting to ₹49 Crore. Each debenture has a face value of ₹1 Lakh, carrying a coupon rate of 9.75% per annum, payable annually. The NCDs are to be listed on the National Stock Exchange and BSE. They have a maturity date of April 3, 2027, with the first coupon payment scheduled for April 4, 2025. Notably, a credit charge will be secured against both financial and non-financial assets of the company. Investors should monitor this move closely as it reflects ongoing capital-raising efforts that could enhance liquidity and strengthen the company’s balance sheet, supporting future growth initiatives.