Sammaan Capital Limited — Important, 09-07-2025: Updates

Sammaan Capital Limited has announced a board meeting to approve a public issue of secured, redeemable non-convertible debentures (NCDs) worth up to ₹200 Cr (Base Issue ₹100 Cr with an option to retain another ₹100 Cr). The NCDs carry a credit rating of Crisil AA/Stable and ICRA AA (Stable) and will be listed on BSE and NSE. The issue offers tenors from 24 to 120 months, with coupon rates ranging from 8.42% to 9.85% per annum depending on series and category. Redemption is staggered annually starting from the third year. The NCDs will be secured with a minimum 1.25x asset cover.