BlackRock Inc has submitted a mandatory disclosure to the Bombay Stock Exchange regarding a decrease in its shareholding percentage in Sammaan Capital Ltd, as required under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed on April 3, 2026, by Eric Andruczyk, Director at BlackRock.

Shareholding Change Details

The regulatory filing reveals that BlackRock's shareholding in Sammaan Capital Ltd decreased from 7.76% to 5.53%, representing a reduction of 2.23 percentage points. This change was triggered by an allotment of equity shares by Sammaan Capital Ltd on April 1, 2026.

Impact of Equity Allotment

The decrease in BlackRock's percentage shareholding occurred despite maintaining the same absolute number of shares. The dilution resulted from Sammaan Capital Ltd's equity allotment, which increased the company's total share capital from 815,813,760 shares to 1,145,813,871 shares, representing an addition of 330,000,111 new shares.

Regulatory Compliance

BlackRock filed this disclosure as its aggregate holdings decreased by 2% from the previous disclosure, meeting the threshold requirement under Regulation 29(2). The filing confirms that BlackRock acts on behalf of discretionary management clients and does not belong to the promoter or promoter group of Sammaan Capital Ltd.

Share Structure Analysis

The disclosure indicates that BlackRock's entire holding consists of shares carrying voting rights, with no encumbrances, warrants, or convertible securities. Sammaan Capital Ltd is listed on both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited, ensuring broad market accessibility for the company's shares.

Sammaan capital Limited has announced the successful payment of interest on its secured redeemable non-convertible debentures (NCDs), demonstrating continued compliance with its debt obligations. The company informed both the National Stock Exchange of India Limited and BSE Limited about this payment through a regulatory filing dated April 2, 2026.

Interest Payment Details

The company paid the entire interest amount of ₹721.50 lacs on April 2, 2026, which was one day ahead of the scheduled due date of April 3, 2026. This early payment reflects the company's commitment to maintaining timely debt servicing.

Regulatory Compliance

The intimation was made pursuant to Regulations 30 and 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company certified that it has made timely payment of interest in respect of the NCDs issued on a private placement basis and listed on the stock exchange.

NCD Structure

The secured redeemable non-convertible debentures have an issue size of ₹7400 lacs and follow an annual interest payment schedule. The debentures are issued under the ISIN INE148I07SY1 and are listed on stock exchanges following private placement norms.

Company Leadership

The regulatory filing was signed by Amit Jain, Company Secretary of Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited. The digital signature was authenticated on April 2, 2026, confirming the accuracy of the information provided to the exchanges.

This timely interest payment reinforces Sammaan Capital Limited's financial discipline and adherence to its debt servicing commitments, providing confidence to debenture holders and the broader investment community.