Sammaan Capital has allotted secured Non-Convertible Debentures (NCDs) aggregating ₹1,400 crore on a private placement basis. The issuance, approved by the board on May 20, 2026, and the Securities Issuance and Investment Committee on June 30, 2026, comprises two series with distinct maturity timelines and coupon rates. The allotment was finalized on July 3, 2026, and the debentures are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.

NCD Issuance Details

The Series I NCDs, valued at ₹800 crore, carry a fixed coupon rate of 8.03% per annum payable annually and are set to mature on September 8, 2027. The Series II NCDs, amounting to ₹600 crore, offer a higher coupon rate of 8.43% per annum, also payable annually, with a maturity date of February 22, 2028. Both series are secured, rated, listed, taxable, redeemable, and fully paid-up.

Security and Structural Details

The debentures are backed by a charge by way of hypothecation on the financial and non-financial assets of the company, including present and future loan assets. This security is held on a pari-passu basis with other secured lenders. The instruments maintain a minimum asset or security cover of 1.25 times the principal amount and accrued interest. In the event of a default in payment of interest or principal, the company will pay additional interest at a rate of 2% per annum over the applicable coupon rate for the defaulting period.

Sammaan Capital will host an analyst and investor meeting on June 19, 2026, in Mumbai to engage with stakeholders. The meeting is scheduled to take place physically and will be conducted by PL Capital through group meetings. This engagement provides a platform for the company to interact with investors without disclosing any unpublished price sensitive information (UPSI).

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that the agenda for the meeting does not involve the sharing of UPSI, ensuring compliance with regulatory standards.

The schedule for the interaction is outlined below:

Sammaan Capital noted that changes to the schedule may occur due to exigencies on the part of the participants or the company. The intimation was signed by Company Secretary Amit Kumar Jain on June 16, 2026.