ALPHA TRIBE

Sammaan Capital LimitedOthers, 15-05-2025: Monitoring Agency Report

15-05-2025 | 07:55 pm

Sammaan Capital Limited has shared Crisil Ratings’ report on the use of funds from its Rights Issue and Qualified Institutional Placement. The company deployed Rs. 469.39 Cr for expanding its loan book and Rs. 303.91 Cr towards general corporate expenses like salaries, marketing, repairs, and interest payments. Remaining proceeds are largely invested as planned, with no delays or deviations. This capital deployment supports balance sheet strengthening and future loan growth, aligning with the company’s strategic priorities.

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