Sammaan Capital Limited — Important, 13-12-2024: Updates

Sammaan Capital Limited has confirmed the timely payment of principal and interest on its Secured Redeemable Non-Convertible Debentures (NCDs) issued through private placement. The company's outstanding NCD of ₹2500 crore (cr) had an interest payment of ₹230 crore (cr), which was successfully paid on December 13. These payments were made as scheduled, matching the expected due date. The full redemption is set for maturity on December 16. This consistent financial management underlines a positive outlook for the company, enhancing its credibility in the market, which could bolster investor confidence and support future funding opportunities.