Outcome of Board Meeting held on May 20, 2026.

Sammaan Capital Limited reported a consolidated net loss of Rs 7,144.56 crores for FY26, compared to a loss of Rs 1,807.46 crores in FY25. The steep loss was driven by an exceptional item of Rs 6,499.17 crores from selling non-core loan exposures worth Rs 14,953 crores to an Asset Reconstruction Company (ARC) and a Rs 1,850 crores additional ECL management overlay due to macroeconomic uncertainties. Total revenue for FY26 stood at Rs 8,190.23 crores versus Rs 8,683.25 crores in FY25. The company also received authorization to raise up to Rs 10,000 crores through various debt instruments. On a positive note, the company transitioned into the IHC Group (Abu Dhabi) following a Rs 8,850 crore strategic investment, with Avenir Investment RSC Ltd becoming the promoter. Credit ratings were upgraded by Moody's (to B1), CRISIL (to AA+/Stable), and CARE (to AA+; Stable).