Sammaan Capital Limited has confirmed the timely payment of monthly interest on its Secured Redeemable Non-Convertible Debentures (NCDs), ensuring continued liquidity for its debt holders. The company disbursed the full interest amount for two separate NCD series on August 5, 2026, one day ahead of the August 6, 2026 due date, demonstrating adherence to its repayment schedule and regulatory obligations under SEBI’s Listing Obligations and Disclosure Requirements Regulations.

The payment pertains to the public issue of NCDs listed on the National Stock Exchange of India Limited and BSE Limited. Sammaan Capital Limited certified the transaction pursuant to Regulation 57 of the SEBI LODR Regulations, 2015, and in compliance with SEBI Master Circular Ref. No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/0000000103 dated July 11, 2025. The certification was signed by Amit Kumar Jain, Company Secretary, on August 6, 2026.

Interest Payment Details

The company made interest payments on two ISIN codes, both carrying a monthly frequency. There were no changes in the frequency of payment, and no delays or non-payments were reported for this period. The record date for both series was July 22, 2026.

The larger tranche, identified by ISIN INE148I07LE8, accounted for the majority of the interest outflow with an issue size of ₹1008.80 lacs. The smaller tranche, ISIN INE148I07LD0, had an issue size of ₹1.00 lacs. Both series saw their last interest payment recorded on July 6, 2026.

Regulatory Compliance

Sammaan Capital Limited’s disclosure highlights strict compliance with statutory timelines. The absence of any reason for non-payment or delay indicates stable cash flow management for these specific instruments. The company explicitly stated that the entire interest amount was paid, with no redemption payments processed during this cycle. This timely settlement reinforces investor confidence in the company’s ability to meet its short-term debt servicing obligations without default or restructuring.

Sammaan Capital Limited has successfully closed its tender offer to repurchase U.S.$18,000,000 in aggregate principal amount of its U.S.$350,000,000 9.70% Senior Secured Social Bonds due 2027. The company announced the results on August 3, 2026, following the early tender deadline, noting that the volume of bonds tendered significantly exceeded the maximum purchase amount. This excess demand triggered a pro-rata scaling mechanism, meaning only a fraction of the tendered bonds were accepted for purchase. The move reduces the company’s debt burden and provides liquidity to willing sellers, though at a discounted acceptance rate due to high participation.

The tender offer was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The early tender deadline occurred at 5:00 P.M. Central European Time on July 31, 2026. Holders who tendered validly before this deadline were eligible for an early consideration of U.S.$1,035 per U.S.$1,000 principal amount. Since the total tendered amount surpassed the U.S.$18,000,000 cap, the company applied a scaling factor of approximately 15.0997% to all valid tenders received by the early deadline. Each accepted tender was rounded downwards to the nearest U.S.$1,000.

Key details of the tender offer execution are outlined below:

Holders whose tenders resulted in an accepted principal amount of less than U.S.$200,000, or where the rejected portion was less than U.S.$200,000, had their entire tender rejected. The company elected to accept the full U.S.$18,000,000 maximum amount from those tendering prior to the early deadline. Consequently, no bonds tendered after the early deadline will be accepted. The remaining bonds not purchased will continue to accrue interest according to their original terms.

What the Numbers Show

The application of a low scaling factor of approximately 15.1% indicates strong demand from bondholders to exit their positions, likely attracted by the premium offered over par value. With U.S.$324,000,000 outstanding prior to the tender, the successful purchase of U.S.$18,000,000 represents a modest reduction in the total debt outstanding, leaving approximately U.S.$306,000,000 in bonds still circulating among investors. The settlement of accepted bonds is scheduled for August 6, 2026, subject to the satisfaction or waiver of conditions set forth in the Tender Offer Memorandum dated July 20, 2026. The information and tender agent for the process was D.F. King, a business name of MUFG Corporate Markets IR Pty Ltd.