Sammaan Capital Limited has announced the timely payment of interest on its secured redeemable non-convertible debentures, demonstrating its commitment to meeting financial obligations to investors. The company made this disclosure on December 19, 2025, in compliance with SEBI regulations regarding debenture interest payments.

Interest Payment Details

The company successfully paid interest across eight different debenture series, with all payments completed on December 18, 2025. The interest payments covered debentures issued through public offering and listed on stock exchanges.

Payment Structure and Compliance

All debenture series follow a monthly interest payment frequency, with no changes reported in the payment structure. The company confirmed that no delays occurred in the interest payments, with the record date set as November 19, 2025, for all series.

The total interest amount paid across all eight debenture series amounts to ₹611.15 lakhs. The company maintained its payment schedule despite varying issue sizes across different debenture series, ranging from ₹0.02 lakhs to ₹727.27 lakhs.

Regulatory Disclosure

Sammaan Capital Limited made this disclosure pursuant to Regulations 30 and 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company certified that it has made timely payment of interest amounts in respect of all secured redeemable non-convertible debentures issued through public offering.

The disclosure follows SEBI Master Circular requirements, ensuring transparency in debenture interest payment processes. The company confirmed that no redemption payments were applicable during this period, with all focus on regular interest servicing to debenture holders.

Sammaan Capital has issued an official clarification regarding recent media reports about a fresh FIR filed by Delhi Police's Economic Offences Wing (EOW) against its former promoter Sameer Gehlaut. The company responded to communications from both BSE and NSE dated December 17, 2025, addressing news reports that appeared on Moneycontrol about the company's stock movement following the FIR developments.

Fresh FIR Details and Court Proceedings

The clarification reveals that Delhi Police EOW has registered FIR No. 175/25 dated December 15, 2025, following information from the Enforcement Directorate about alleged fraud and criminal conspiracy in quid pro quo transactions. The FIR specifically targets Sameer Gehlaut, the erstwhile promoter, and five corporate entity groups including Americorp, Reliance ADAG, DLF Group, Vatika Group, and Chordia Group.

Company's Position on Ex-Promoter

Sammaan Capital has categorically stated that it has no relation whatsoever with Mr. Gehlaut, against whom the allegations have been levelled in the FIR. The company provided a detailed timeline of Gehlaut's complete exit from the organization across multiple capacities.

Supreme Court Case Background

The developments stem from an ongoing Supreme Court case titled "Citizens Whistle Blowers Forum Vs Union of India & Ors." During the court hearing on December 17, 2025, both CBI and Delhi Police EOW submitted their respective affidavits in compliance with earlier Supreme Court directions. The CBI affidavit revealed that a meeting of senior officers from CBI, ED, SFIO, and SEBI was held to examine whether a Special Investigation Team (SIT) was required, but no decision to form an SIT could be taken.

Company Profile and Current Status

Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, continues its operations as a mid-cap finance company. The company emphasized that it has made necessary timely disclosures from time to time on stock exchanges, including a detailed brief disclosed on November 19, 2025.

The company's clarification, signed by Company Secretary Amit Jain on December 18, 2025, aims to address stakeholder concerns and provide transparency regarding its complete disconnection from the ongoing investigations involving its former promoter.