Pursuant to the Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with Regulations 82(4), 162A(4) and 173A(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, please find enclosed the Report(s) of the Monitoring Agency, for the quarter ended March 31, 2026, issued by CRISIL Ratings Limited, Monitoring Agency appointed to monitor the utilization of the proceeds of the Rights Issue, Qualified Institutional Placement and Preferential Issue of the Company.Refer attached PDF file for more details.
SAMMAANCAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sammaan Capital Limited submitted its Q4 FY26 Monitoring Agency Report covering three capital raising exercises. The Rights Issue (Feb 2024) of Rs 36,933.98 million has Rs 303.64 million unutilized pending subsequent calls, with Rs 27.1 billion already deployed for capital base augmentation. The QIP (Jan 2025) of Rs 13,000 million has been nearly fully deployed, with only Rs 15.94 million GCP balance remaining idle. The Preferential Issue of Rs 8,850 crore received Rs 5,652.75 crore so far (Rs 4,587 crore equity + Rs 1,065.75 crore from warrant subscriptions at 25%), while Rs 3,197.25 crore from warrant conversions is still pending. All proceeds are held in monitoring accounts. No deviations from stated objects were reported across all three issuances.
The company has substantial unutilized proceeds awaiting deployment for onward lending and general corporate purposes. The gradual utilization suggests slower deployment pace, but this is routine for NBFCs building capital buffers. The current market price of Rs 147.42 per share vs warrant issue price of Rs 139 indicates the warrants are in-the-money, which is positive for warrant holders.