Sammaan capital Limited (formerly known as Indiabulls Housing Finance Limited) has successfully completed the allotment of ₹280 crore through secured non-convertible debentures on March 5, 2026, following board authorization and committee approvals.

Allotment Details and Structure

The company allotted the debentures in two distinct series through private placement, with each debenture carrying a face value of ₹1,00,000:

Security and Asset Coverage

Both series carry secured status with comprehensive asset backing through hypothecation of the company's financial and non-financial assets, including present and future loan assets. The debentures maintain a minimum asset security cover of 1.1 times the principal amount and accrued interest.

The security structure excludes High Quality Liquid Assets as defined under RBI's Liquidity Risk Management Framework, which remain unencumbered in compliance with regulatory requirements.

Payment Schedule Framework

The Series I debentures feature quarterly coupon payments starting June 09, 2026, with amounts ranging from ₹2,183.90 to ₹2,232.40 per debenture depending on the number of days in each period. The final payment on December 09, 2030, includes both the last coupon and principal redemption totaling ₹1,02,208.20 per debenture.

Series II debentures follow an annual payment structure with consistent coupon payments of ₹9,200.00 per debenture each March, culminating in a final payment of ₹1,09,200.00 per debenture on March 05, 2036.

Listing and Default Provisions

The debentures are proposed for listing on both National Stock Exchange of India Limited and BSE Limited. In case of payment default beyond three months from the due date, the company will pay additional interest of at least 2% per annum over the coupon rate for the defaulting period.

The allotment was completed pursuant to board authorization dated September 3, 2025, and Securities Issuance and Investment Committee resolution passed on February 27, 2026.

Source: None/Company/INE148I01020/b005f529-acbd-466c-9233-79ac9e8d067d.pdf

Sammaan Capital Limited has announced the successful completion of interest payments on its secured redeemable non-convertible debentures, totaling ₹4.36 lacs across 2 debenture series. The company made these payments on March 2, 2026, demonstrating proactive debt management by completing the transaction one day ahead of the March 3, 2026 due date.

Interest Payment Details

The company paid interest on 2 distinct debenture series, both following a monthly payment frequency. The payments were made without any changes to the established frequency structure, maintaining consistency in the debt servicing schedule across both series.

Regulatory Compliance

The interest payment notification was made in compliance with Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details as required under SEBI Master Circular Ref. No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/0000000103 dated July 11, 2025.

Payment Schedule Performance

Both debenture series maintained their monthly interest payment frequency with the record date set for February 16, 2026. The company's last interest payment was completed on February 3, 2026, showing consistent adherence to the monthly payment schedule. No delays or payment issues were reported for any of the debenture series.

Corporate Structure

Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, continues to service its public issue debentures that are listed on both the National Stock Exchange of India Limited and BSE Limited. Company Secretary Amit Jain certified the timely completion of all interest obligations, reinforcing the company's commitment to meeting its debt servicing requirements.