Sammaan capital Limited has received a significant rating upgrade from international credit rating agency Moody's, which has elevated the company's long-term corporate family rating to B1 with positive outlook from B2. This development follows the receipt of crucial regulatory approvals that position the company for enhanced growth prospects.

SEBI Approval Paves Way for Strategic Transaction

The rating upgrade comes after Sammaan Capital received final approvals from SEBI for the preferential issue of equity shares and warrants to Avenir Investment RSC Ltd. This proposed transaction involves Avenir Investment RSC Ltd, which is owned and controlled by International Holding Company PJSC. With all required approvals now in place, the company and the investor are engaged to conclude the proposed transaction at the earliest.

Comprehensive Rating Enhancement

Moody's upgrade extends beyond the corporate family rating, encompassing multiple aspects of the company's credit profile:

The company's ratings had been under review for upgrade since October 2025, indicating Moody's sustained positive assessment of the company's trajectory.

Key Factors Driving the Upgrade

Moody's cited several fundamental improvements in upgrading the credit rating:

• Asset Quality Improvement: Enhanced quality of the company's asset portfolio
• Capital Enhancement: Expected strengthening of the capital base
• Funding Access: Anticipated improvement in access to funding sources
• Liquidity Support: Better liquidity position supporting growth initiatives

Future Rating Prospects

With the positive outlook maintained on the B1 rating, Sammaan Capital is positioned for potential further upgrades. Following the conclusion of the proposed transaction and the entry of International Holding Company as its promoter, the company plans to engage with credit rating agencies to work towards additional rating improvements. This strategic approach demonstrates the company's commitment to maintaining strong credit metrics and enhancing its market position.

Sammaan Capital Limited has successfully completed its scheduled interest payment on Unsecured Redeemable Non-Convertible Debentures, reinforcing its commitment to timely debt servicing and regulatory compliance. The company made the payment on March 26, 2026, demonstrating proactive financial management by completing the transaction one day ahead of the scheduled due date.

Interest Payment Details

The company has fulfilled its obligation to pay interest on debentures issued on a private placement basis and listed on stock exchanges. The payment covers the annual interest cycle, with the record date set for March 12, 2026.

Regulatory Compliance

The interest payment was made in accordance with Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the required certification confirming timely payment of the entire interest amount without any delays or complications.

The payment follows guidelines outlined in SEBI Master Circular Ref. No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/0000000103 dated July 11, 2025, ensuring full regulatory compliance. Company Secretary Amit Jain has digitally signed the compliance certification, providing formal documentation of the successful transaction.

Financial Management

The successful completion of this interest payment demonstrates Sammaan Capital Limited's strong financial position and commitment to honoring its debt obligations. The company, formerly known as Indiabulls Housing Finance Limited, continues to maintain its payment schedule without any changes to the established annual frequency.

The early payment, completed one day before the due date, reflects prudent cash flow management and reinforces investor confidence in the company's financial stability and operational efficiency.