Sammaan Capital Limited — Others, 14-08-2025: Monitoring Agency Report

Sammaan Capital (an NBFC) has released monitoring reports by CRISIL Ratings on its Qualified Institutional Placement (QIP) and Rights Issue fund utilization for the quarter ending June 30. For the QIP, the company utilized almost all of the Rs. 1,264.89 Cr net proceeds, mainly boosting its capital and for general corporate needs. A minor Rs. 1.59 Cr is unutilized. From the Rights Issue's Rs. 3,613.47 Cr net proceeds, Rs. 3,583.10 Cr has been deployed for capital augmentation and general corporate purposes, leaving Rs. 30.36 Cr unutilized. Both reports indicate no major deviations, assuring investors on transparent fund deployment.