BlackRock Inc has filed a regulatory disclosure with the Bombay Stock Exchange regarding its increased shareholding in Sammaan Capital Ltd. The disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details a 2% increase in the global asset manager's aggregate holdings from its previous disclosure.

Transaction Details

The acquisition involved BlackRock Inc, acting on behalf of discretionary management clients, purchasing 562,942 shares of Sammaan Capital Ltd through on-market transactions. The transaction was completed on 11-March-2026, with the regulatory filing submitted to BSE Limited on 13-March-2026.

Holdings Comparison

The acquisition resulted in a notable increase in BlackRock's total shareholding in Sammaan Capital Ltd. The following table illustrates the change in holdings before and after the transaction:

Company Capital Structure

Sammaan Capital Ltd maintains a consistent equity share capital structure throughout the transaction period. The company's total voting capital remained unchanged at 815,813,760 shares both before and after BlackRock's acquisition. This stable capital base provided the foundation for calculating the precise percentage changes in BlackRock's shareholding.

Regulatory Compliance

The disclosure demonstrates BlackRock's adherence to Indian securities regulations governing substantial shareholding changes. The filing specifically addresses requirements under SEBI's takeover regulations, confirming that BlackRock does not belong to the promoter or promoter group of Sammaan Capital Ltd. The company's shares are listed on both Bombay Stock Exchange Limited and National Stock Exchange of India Limited.

Key Acquisition Metrics

BlackRock's investment strategy focused exclusively on shares carrying voting rights, with no involvement in encumbered securities, warrants, or convertible instruments. The acquisition represents a straightforward equity investment through regular market channels, reflecting the asset manager's continued interest in Sammaan Capital's business prospects.

The disclosure was signed by Eric Andruczyk, Director at BlackRock Inc, from the company's Wilmington, Delaware office, ensuring proper authorization and compliance with regulatory requirements.

Sammaan capital Limited has successfully completed the payment of principal and interest amounts on its Secured Redeemable Non-Convertible Debentures, demonstrating strong financial discipline by executing the payments ahead of schedule.

Payment Details and Compliance

The company informed both the National Stock Exchange of India Limited and BSE Limited on March 12, 2026, regarding the completion of payments in accordance with Regulation 57 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Interest Payment Summary

The interest payment details for the NCDs show robust execution of the company's debt servicing obligations:

Redemption Completion

The company executed a full redemption of the NCDs upon maturity, clearing all outstanding obligations:

Regulatory Compliance

The intimation was signed by Company Secretary Amit Jain and submitted in compliance with SEBI Master Circular Ref. No. SEBI/HO/DDHS/DDHS-PoD-I/P/CIR/2025/000000103 dated July 11, 2025. The company, formerly known as Indiabulls Housing Finance Limited, maintained its commitment to transparent reporting and timely debt servicing.

The successful completion of both interest and principal payments ahead of the due date reflects the company's strong liquidity position and commitment to honoring its debt obligations to debenture holders.