Sammaan Capital Limited has certified that it has made timely payment of interest amounts on its Secured and Unsecured Redeemable Non-Convertible Debentures issued through public issue and listed on the stock exchanges. The certification was submitted in accordance with Regulation 57 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and dated April 24, 2026.

The company confirmed that the entire interest amount has been paid for two series of debentures. The payments were made on April 23, 2026, ahead of the scheduled due date of April 26, 2026. The interest payment record date was April 17, 2026, and the previous interest payment date was March 26, 2026. All payments were made on a monthly frequency with no changes to the payment schedule.

Interest Payment Details

The following table provides comprehensive details of the interest payments made across both debenture series:

Certification Summary

The total interest paid across both debenture series amounted to ₹11.88102 lacs. The company reported no delays or non-payments, with all reasons for non-payment or delay marked as NA. No redemption details were provided as part of this certification. The certification was signed by Amit Jain, Company Secretary, on behalf of Sammaan Capital Limited (formerly known as Indiabulls Housing Finance Limited).

The certification confirms the company's continued compliance with regulatory requirements and its commitment to timely servicing of its debt obligations to debenture holders.

Sammaan Capital Limited has secured important regulatory clearances for its proposed demerger scheme, receiving positive responses from both major Indian stock exchanges. The company announced on April 22, 2026, that it has obtained observation letters from BSE Limited and the National Stock Exchange of India Limited regarding its scheme of arrangement with Sammaan Finserve Limited.

Stock Exchange Approvals Received

The regulatory approvals came in quick succession, demonstrating the exchanges' efficient processing of the demerger proposal. BSE Limited issued its observation letter with 'no adverse observations' on April 21, 2026, followed by NSE's 'no objection' letter on April 22, 2026.

Both exchanges have made their observation letters available on the company's website at https://www.sammaancapital.com/scheme-of-arrangement , ensuring transparency for stakeholders.

Demerger Structure and Business Transfer

The scheme of arrangement involves the transfer of the lending business from Sammaan Finserve Limited (the demerged company) to Sammaan Capital Limited (the resulting company) as a going concern. This demerger is being executed under Sections 230 to 232 of the Companies Act, 2013, along with other applicable provisions including Section 52 and Section 66.

The Board of Directors of Sammaan Capital Limited had initially approved this proposed scheme on December 31, 2025, subject to receiving requisite regulatory and statutory approvals.

Regulatory Compliance Requirements

Both stock exchanges have outlined comprehensive compliance requirements that the companies must adhere to throughout the demerger process. The key conditions include ensuring no misstatements in scheme disclosures, incorporating exchange observations in the NCLT petition, and maintaining transparency through website disclosures.

Specific requirements include:

• Disclosure of ongoing adjudication and recovery proceedings against the resultant company, promoters, and directors
• Compliance with relevant provisions of the Companies Act, 2013, and SEBI LODR Regulations
• No changes to the draft scheme without specific written consent from SEBI
• Display of additional information on both company and exchange websites

Timeline and Next Steps

The observation letters carry a validity period of six months from their respective dates, creating a clear timeline for the companies to proceed with their NCLT filing. NSE's letter specifically states that the scheme must be submitted to the NCLT within six months from April 22, 2026.

Both exchanges have reserved their rights to withdraw approvals if any information submitted is found to be incomplete, incorrect, misleading, or false, or for any contravention of their rules and regulations. The companies are now positioned to file their petition with the National Company Law Tribunal to seek final approval for the demerger scheme.