Sammaan Capital Certifies Timely Interest Payments on Secured NCDs

1 min read     Updated on 25 Apr 2026, 02:10 PM
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Sammaan Capital Limited certified timely interest payments totaling INR 6.26163 lacs on four Secured Redeemable Non-Convertible Debentures. All payments were made on April 24, 2026, ahead of the April 27, 2026 due date, with no delays or frequency changes reported. The certification was signed by Company Secretary Amit Jain on April 25, 2026.

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Sammaan Capital Limited has submitted a certification to the National Stock Exchange of India Limited and BSE Limited confirming the timely payment of interest on its Secured Redeemable Non-Convertible Debentures. The intimation, dated April 25, 2026, was filed in accordance with Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company certified that it has paid the entire interest amount due on the debentures issued through public issue and listed on the stock exchanges.

Interest Payment Details

The company provided detailed information on four debenture series, all with monthly interest payment frequency. The total interest paid across all series amounted to INR 6.26163 lacs. All payments were completed on April 24, 2026, three days ahead of the scheduled due date of April 27, 2026. The interest payment record date was April 13, 2026, and the previous interest payment date was March 27, 2026.

Sr. No. ISIN Issue Size (in INR lacs)* Interest Amount to be paid on due date (in INR lacs) Frequency Interest payment record date Due date for interest payment Actual date for interest payment Amount of interest paid (in INR lacs)
1 INE148I07OP8 145.2399 1.18546 Monthly 13/04/2026 27/04/2026 24/04/2026 1.18546
2 INE148I07OQ6 167 1.27959 Monthly 13/04/2026 27/04/2026 24/04/2026 1.27959
3 INE148I07OU8 38.25 0.30051 Monthly 13/04/2026 27/04/2026 24/04/2026 0.30051
4 INE148I07OT0 419.334 3.49607 Monthly 13/04/2026 27/04/2026 24/04/2026 3.49607

Payment Status and Certification

The company confirmed that there were no changes in the frequency of interest payments for any of the debenture series. All payments were made without delay, and no reasons for non-payment or delay were reported. The certification was signed by Amit Jain, Company Secretary of Sammaan Capital Limited (formerly known as Indiabulls Housing Finance Limited), on April 25, 2026. The document was digitally signed and submitted to both stock exchanges for their records.

Historical Stock Returns for Sammaan Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-0.09%-7.20%+3.53%-23.82%+10.44%-10.25%

Will Sammaan Capital's consistent early payment pattern lead to improved credit ratings and lower borrowing costs for future debt issuances?

How might the company's strong debt servicing performance impact its ability to raise additional capital through new debenture offerings in the coming quarters?

Could this payment discipline signal Sammaan Capital's preparation for potential expansion or acquisition opportunities in the housing finance sector?

Sammaan Capital Open Offer Records Zero Share Tendering as of April 24, 2026

2 min read     Updated on 25 Apr 2026, 10:09 AM
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Radhika SScanX News Team
AI Summary

Sammaan Capital Limited's open offer by Avenir Investment RSC Ltd for 34,17,54,286 equity shares representing 26.05% expanded voting share capital continues to receive zero share tendering as of April 24, 2026. The offer, managed by Citigroup Global Markets India Private Limited under SEBI SAST Regulations, involves IHC Capital Holding LLC as person acting in concert.

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Avenir Investment RSC Ltd's open offer for the acquisition of up to 34,17,54,286 equity shares of face value INR 2.00 each, representing 26.05% of the expanded voting share capital of sammaan capital , has received nil share tendering from public shareholders as of April 24, 2026. The offer is being made in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended.

Open Offer Details

The open offer involves Avenir Investment RSC Ltd as the acquirer, together with IHC Capital Holding LLC in its capacity as a person acting in concert with the acquirer. The offer size targets 34,17,54,286 equity shares, which constitutes 26.05% of the expanded voting share capital of the target company.

Parameter: Details
Target Company: Sammaan Capital Limited
Acquirer: Avenir Investment RSC Ltd
Person Acting in Concert: IHC Capital Holding LLC
Offer Size: 34,17,54,286 equity shares
Percentage of Expanded Voting Share Capital: 26.05%
Face Value per Share: INR 2.00
Shares Tendered (April 24): Nil (0% of Offer Size)

Latest Tendering Status

As per the Open Offer Escrow Demat Account statement received by the Manager to the Open Offer on April 24, 2026, nil equity shares constituting 0% of the offer size have been tendered in the escrow account named "MIPL SAMMAAN CAPITAL LTD OPEN OFFER ESCROW DEMAT ACCOUNT". The account is maintained with Ventura Securities Limited bearing depository participant identification number IN303116 and client identification number 15728188 (PAN: AABCI3612A).

Regulatory Framework and Validation Process

The disclosure reflects equity shares in dematerialized form tendered by public shareholders in the Open Offer Escrow Demat Account. However, the equity shares tendered by public shareholders will be subject to validation and verification of submission of complete set of documents, as applicable. The equity shares "validly tendered" in the open offer will be accepted in accordance with the SEBI (SAST) Regulations and the letter of offer dated April 03, 2026 along with Addendum to the LOF dated April 09, 2026.

Accordingly, the number of equity shares tendered by public shareholders may differ from the number of equity shares which will be accepted by the acquirer in the open offer. Citigroup Global Markets India Private Limited, acting as Manager to the Open Offer, has requested the BSE Limited to disseminate the aforementioned information on its website. The communication was signed by Amulya Goyal, Managing Director of Citigroup Global Markets India Private Limited.

Historical Stock Returns for Sammaan Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-0.09%-7.20%+3.53%-23.82%+10.44%-10.25%

Will Avenir Investment RSC Ltd extend the open offer deadline or modify terms to attract shareholder participation?

What strategic alternatives might Avenir and IHC Capital consider if the open offer continues to receive minimal response?

How could this failed tender response impact Sammaan Capital's stock price and market valuation in the coming weeks?

More News on Sammaan Capital

1 Year Returns:+10.44%