ALPHA TRIBE

Sammaan Capital LimitedOthers, 11-03-2025: Security Cover Certificate

11-03-2025 | 04:20 pm

IDBI Trusteeship Services Limited has requested a certification of the security coverage related to Sammaan Capital Limited as of December 31, 2024. The company's security cover is reported to be 1.23 times the amount borrowed through non-convertible debentures, which complies with the issuance terms. This independent verification reinforces confidence in the company’s asset management and creditworthiness. For investors, this indicates a stable financial health with secure backing for debt obligations, presenting a positive outlook as the company continues to maintain adequate asset coverage against its liabilities.

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