Sammaan Capital Limited has successfully completed its monthly interest payment on Secured Redeemable Non-Convertible Debentures issued through public placement. The company made the payment ahead of schedule and submitted the required certification to stock exchanges in compliance with regulatory requirements.

Payment Details and Timeline

The company paid ₹4.68 lacs in monthly interest on April 30, 2026, three days ahead of the due date of May 3, 2026. The record date for determining eligible debenture holders was set as April 20, 2026. This payment represents the monthly interest obligation for two debenture series with ISINs INE148I07NA2 and INE148I07MZ1.

Regulatory Compliance

The certification was submitted to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 57 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the entire interest amount was paid without any delays or defaults.

The filing was made in accordance with SEBI Master Circular Ref. No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/0000000103 dated July 11, 2025. Amit Kumar Jain, Company Secretary of Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited), digitally signed the certification on April 30, 2026.

Debenture Structure

The secured debentures were issued through public placement with a monthly interest payment frequency. The company reported no changes in the payment frequency or structure for either debenture series. Both series maintain their regular monthly payment schedule, with the company consistently meeting its obligations ahead of due dates.

Avenir Investment RSC Ltd's open offer for the acquisition of up to 34,17,54,286 equity shares of face value INR 2.00 each, representing 26.05% of the expanded voting share capital of Sammaan Capital , has received 41,110 equity shares tendered from public shareholders as of April 29, 2026. The offer is being made in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended.

Open Offer Details

The open offer involves Avenir Investment RSC Ltd as the acquirer, together with IHC Capital Holding LLC in its capacity as a person acting in concert with the acquirer. The offer size targets 34,17,54,286 equity shares, which constitutes 26.05% of the expanded voting share capital of the target company.

Latest Tendering Status

As per the Open Offer Escrow Demat Account statement received by the Manager to the Open Offer on April 29, 2026, 41,110 equity shares constituting 0.01% of the offer size have been tendered in the escrow account named "MIPL SAMMAAN CAPITAL LTD OPEN OFFER ESCROW DEMAT ACCOUNT". The account is maintained with Ventura Securities Limited bearing depository participant identification number IN303116 and client identification number 15728188 (PAN: AABCI3612A). Of these, 575 equity shares were tendered on April 29, 2026.

Regulatory Framework and Validation Process

The disclosure reflects equity shares in dematerialized form tendered by public shareholders in the Open Offer Escrow Demat Account. However, the equity shares tendered by public shareholders will be subject to validation and verification of submission of complete set of documents, as applicable. The equity shares "validly tendered" in the open offer will be accepted in accordance with the SEBI (SAST) Regulations and the letter of offer dated April 03, 2026 along with Addendum to the LOF dated April 09, 2026.

Accordingly, the number of equity shares tendered by public shareholders may differ from the number of equity shares which will be accepted by the acquirer in the open offer. Citigroup Global Markets India Private Limited, acting as Manager to the Open Offer, has requested the BSE Limited to disseminate the aforementioned information on its website. The communication was signed by Amulya Goyal, Managing Director of Citigroup Global Markets India Private Limited.