Sammaan Capital Limited (formerly known as Indiabulls Housing Finance Limited) has filed a regulatory intimation certifying the timely payment of interest on its Secured Redeemable Non-Convertible Debentures (NCDs) issued through a Public Issue and listed on the stock exchanges. The certification was made pursuant to Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and submitted on 05/05/2026.

Regulatory Compliance and Certification

The company confirmed that the entire interest amount due on the listed NCDs has been paid in full and on time. The disclosure was made in accordance with the requirements outlined under SEBI Master Circular Ref. No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/0000000103 dated July 11, 2025. No changes in the frequency of interest payments were reported, and no delays or non-payments were recorded for either debenture series.

Details of Interest Payment

The interest payment covers two debenture series, both carrying a monthly payment frequency. The actual payment date of 05/05/2026 preceded the due date of 06/05/2026 for both series, with the interest payment record date set at 21/04/2026. The following table provides the complete details of the interest payment as certified by the company:

Redemption Status

The company confirmed that no redemption payments were applicable for this reporting period, with the redemption details marked as not applicable (N.A.) in the filing.

The certification was digitally signed by Amit Jain, Company Secretary of Sammaan Capital Limited, on 05/05/2026, and was addressed to both the National Stock Exchange of India Limited and BSE Limited.

Sammaan Capital Limited's ongoing open offer by Avenir Investment RSC Ltd has received a modest response with 41,110 equity shares tendered as of April 30, 2026. The acquisition attempt, conducted under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, aims to secure a significant stake in the target company.

Open Offer Details

The open offer seeks to acquire up to 34,17,54,286 equity shares of face value INR 2 each, representing 26.05% of Sammaan Capital Limited's expanded voting share capital. Avenir Investment RSC Ltd is conducting this acquisition together with IHC Capital Holding LLC, which is acting as a person acting in concert with the acquirer.

Tendering Status and Process

As per the open offer escrow demat account statement received by the manager on April 30, 2026, a total of 41,110 equity shares have been tendered, constituting merely 0.01% of the total offer size. Notably, no equity shares were tendered specifically on April 30, 2026.

The tendered shares are held in the "MIPL SAMMAAN CAPITAL LTD OPEN OFFER ESCROW DEMAT ACCOUNT" opened with Ventura Securities Limited. The account bears depository participant identification number IN303116 and client identification number 15728188.

Validation and Acceptance Process

Citigroup Global Markets India Private Limited, serving as the manager to the open offer, has clarified that all tendered equity shares remain subject to validation and verification processes. The shares must be accompanied by a complete set of required documents as applicable under the regulations.

Key Process Points:

• Tendered shares reflect dematerialized equity shares in the escrow account
• All submissions require validation and document verification
• Final acceptance will follow SEBI SAST Regulations guidelines
• Letter of offer dated April 03, 2026, and addendum dated April 09, 2026, govern the process

Regulatory Framework

The open offer operates under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended. The regulatory framework ensures proper disclosure and transparency throughout the acquisition process, protecting the interests of public shareholders while facilitating legitimate corporate restructuring activities.