Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that CARE Ratings Limited has upgraded the credit rating assigned to the long-term Debt programme ....
SAMMAANCAP · price
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CARE Ratings has upgraded Sammaan Capital's long-term debt rating by two notches to AA+/Stable, reflecting strong parent support from International Holding Company (IHC), which became the promoter after acquiring a controlling stake. The rating agency cited the company's strategic importance to IHC's financial services roadmap, the group's commitment to provide ongoing support, and the company's comfortable capital structure with adequate liquidity buffers. Commercial paper and short-term NCDs were reaffirmed at A1+, while perpetual debt instruments were also upgraded to AA/Stable from A+. This follows a similar upgrade by CRISIL in April 2026, marking a continued upward rating trajectory for the company.
A two-notch rating upgrade to AA+/Stable signals significantly improved creditworthiness and lower borrowing costs, which could be positive for the company's profitability and stock sentiment.