Sammaan Capital Limited has informed the Exchange about General Updates
SAMMAANCAP · price
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Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) has informed stock exchanges about the appointment of Mr. Arijit Nandy as Vice President – Head of Fraud Control Unit (FCU) and Senior Management Personnel of the company, effective March 16, 2026. The appointment was approved by the Board on the recommendation of the Nomination and Remuneration Committee. Mr. Nandy holds an MBA and has over 25 years of experience in fraud prevention and risk management across banks like AU Small Finance Bank, HSBC, IDBI Bank, and Axis Bank. He brings expertise in fraud risk frameworks, digital payment security, anti-fraud policy development, and fraud detection mechanisms.
This is a routine senior management appointment focused on strengthening fraud control and risk management functions, with no immediate material impact on shareholders or stock price.