Sammaan Capital appoints P.S. Negi as LIC nominee director

scanx
Reviewed by
Riya DScanX News Team
Key Highlights
  • Sammaan Capital appointed P.S. Negi as LIC nominee director effective Sep 30, 2026
  • Rajiv Gupta ceased to be a director following withdrawal of LIC nomination
  • Negi serves as Zonal Manager (I/C) at LIC's North Central Zone in Kanpur
  • Appointment approved by board on Nomination and Remuneration Committee recommendation
powered bylight_fuzz_icon
52344160

*this image is generated using AI for illustrative purposes only.

Sammaan Capital appointed P.S. Negi as a non-executive nominee director on the board of Life Insurance Corporation of India (LIC) with effect from September 30, 2026.

The appointment follows a nomination letter received from LIC on August 13, 2026. The board approved the move based on the recommendation of the Nomination and Remuneration Committee. Negi currently serves as Zonal Manager (In-charge) at LIC’s North Central Zonal Office in Kanpur.

Consequent to this appointment, Rajiv Gupta ceased to be a director of the company on September 30, 2026. The board acknowledged Gupta’s contributions during his tenure as LIC nominee director.

Director profile and disclosures

P.S. Negi holds a Master of Science degree in Mathematics and has been associated with LIC for an extended period. He is not related to any other director of Sammaan Capital and is not debarred from holding office by SEBI or any other authority.

Particular Details
Appointed Director P.S. Negi
DIN 11918934
Current Role Zonal Manager (I/C), LIC North Central Zone
Effective Date September 30, 2026
Ceasing Director Rajiv Gupta
Ceasing Date September 30, 2026

The filing was made under Regulation 30 and 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Sammaan Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+0.04%-4.09%-6.35%-7.96%-11.49%-32.98%

How might P.S. Negi's background in mathematics and LIC operations influence Sammaan Capital's future risk management or investment strategies?

What are the potential implications of this director rotation for the strategic alignment between LIC and Sammaan Capital in the housing finance sector?

Will the change in LIC's nominee director lead to any revisions in Sammaan Capital's corporate governance policies or related-party transaction approvals?

Sammaan Capital certifies timely interest payment on NCDs due Sep 28

scanx
Reviewed by
Ritika DScanX News Team
Key Highlights
  • Sammaan Capital certified timely interest payments on NCDs due Sep 27 and Sep 28, 2026
  • Total interest paid across all disclosed series was ₹187.12 lakh
  • All payments were made on Sep 25, 2026, ahead of the due dates
  • Largest single interest payout was ₹114.60 lakh for a yearly NCD series
powered bylight_fuzz_icon
51963665

*this image is generated using AI for illustrative purposes only.

Sammaan Capital certified the timely payment of interest on its Secured Redeemable Non-Convertible Debentures (NCDs) with due dates of September 27 and September 28, 2026. The company completed all payouts on September 25, 2026, ensuring no delay in meeting these debt obligations.

The certification was filed with the National Stock Exchange and BSE in compliance with Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the entire interest amount for the specified periods was paid to debenture holders.

Interest Payment Details for Series Due Sep 27

The company disclosed details for nine separate NCD series issued through public issues. All series operated on a monthly interest payment frequency with no changes in the payment schedule. The total interest amount paid across these listed series was ₹55.31 lakh.

Series ISIN Issue Size (₹ lakh) Interest Paid (₹ lakh) Due Date Actual Payment Date
INE148I07VQ1 10.00 0.08 Sep 27, 2026 Sep 25, 2026
INE148I07VL2 497.00 3.91 Sep 27, 2026 Sep 25, 2026
INE148I07VJ6 2,206.00 16.90 Sep 27, 2026 Sep 25, 2026
INE148I07VH0 1,481.88 11.93 Sep 27, 2026 Sep 25, 2026
INE148I07VB3 65.00 0.51 Sep 27, 2026 Sep 25, 2026
INE148I07VT5 1,095.89 9.04 Sep 27, 2026 Sep 25, 2026
INE148I07VA5 397.41 3.39 Sep 27, 2026 Sep 25, 2026
INE148I07VK4 1.50 0.01 Sep 27, 2026 Sep 25, 2026
INE148I07V18 1,097.21 9.55 Sep 27, 2026 Sep 25, 2026

Additional Series Certifications Due Sep 28

In a separate filing dated September 26, 2026, Sammaan Capital also certified timely interest payments for six additional NCD series with a due date of September 28, 2026. These payments were also made on September 25, 2026. Four of these series operate on a monthly frequency, while two are yearly.

The total interest amount paid for this group of series was ₹131.81 lakh. The largest single payout in this group was ₹114.60 lakh for the yearly series with ISIN INE148I07ME6.

Series ISIN Issue Size (₹ lakh) Interest Paid (₹ lakh) Frequency Due Date Actual Payment Date
INE148I07MK3 35.45 0.26 Monthly Sep 28, 2026 Sep 25, 2026
INE148I07ML1 1,376.22 10.80 Monthly Sep 28, 2026 Sep 25, 2026
INE148I07MD8 5.20 0.47 Yearly Sep 28, 2026 Sep 25, 2026
INE148I07ME6 1,189.52 114.60 Yearly Sep 28, 2026 Sep 25, 2026
INE148I07NN5 7.00 0.05 Monthly Sep 28, 2026 Sep 25, 2026
INE148I07ND6 730.03 5.88 Monthly Sep 28, 2026 Sep 25, 2026

Regulatory Compliance

The filings serve as intimations under Regulation 57, confirming that the company has met its obligations regarding interest payments on listed NCDs. No redemption payments were reported as due during this period. The documents were digitally signed by Amit Kumar Jain, Company Secretary, on September 26, 2026.

Historical Stock Returns for Sammaan Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+0.04%-4.09%-6.35%-7.96%-11.49%-32.98%

How does Sammaan Capital's consistent early interest payment history influence its credit rating outlook and future borrowing costs?

What impact will the completion of these NCD obligations have on the company's upcoming debt maturity profile and liquidity planning for FY2027?

Are there any pending regulatory inquiries or SEBI compliance issues that could affect Sammaan Capital's ability to issue new NCDs in the near term?

More News on Sammaan Capital

1 Year Returns:-11.49%