In continuation of our earlier intimation dated January 27, 2025, in the matter, pursuant to the Regulation 30 and 51 of SEBI Listing Regulations, Notice is hereby given that meeting of ....
Awaiting price reaction for this filing.
Sammaan Capital Limited has informed the stock exchanges about a meeting of its unsecured creditors scheduled for Tuesday, June 10, 2025, at 10:00 A.M. via video conferencing. This meeting is being held pursuant to an order from the NCLT New Delhi Bench dated January 27, 2025, in connection with a scheme of arrangement for the amalgamation of six wholly owned subsidiaries with the company. The e-voting window will run from June 2 to June 9, 2025, with March 31, 2025, fixed as the cut-off date. KFin Technologies has been engaged to provide remote e-voting and meeting facilities. Notices have been sent electronically to creditors whose email addresses are registered with the company, and by registered/speed post to others.
This is a procedural step in the company's internal restructuring to merge six wholly owned subsidiaries into itself. The outcome of the creditor vote will determine whether the amalgamation scheme moves forward. There is no direct impact on shareholders unless the scheme materially changes the company's structure or financial position.