Sammaan Capital Limited — Board Meeting, 11-12-2024: Outcome of Board Meeting

The Board of Directors of Sammaan Capital Limited has announced a board meeting, during which they authorized the raising of funds through the issuance of equity shares amounting to up to ₹2,500 Crore. This will be executed via Qualified Institutions Placements, subject to necessary approvals. Additionally, an extraordinary general meeting is scheduled for January 3, 2025, to seek shareholder approval for this equity issuance. This strategic move aims to bolster the company's funding capabilities.