Sammaan Capital Limited — Important, 07-08-2026: Updates

Sammaan Capital announced a shareholder meeting to approve its demerger plan, transferring Sammaan Finserve's NBFC business to SCL. SFL will pivot to insurtech. No new SCL shares for SFL shareholders. SFL's NCDs convert to SCL NCDs with existing terms. SCL reported Rs. 6,499.17 Cr exceptional loss and a Rs. 1,850 Cr ECL management overlay.