Sammaan Capital Limited has informed the Exchange regarding 'Pursuant to Regulations 30 and 57 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby certify that our Company has made timely payment of interest in respect of the following NCDs issued by our Company, on private placement basis.'.
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Awaiting price reaction for this filing.
Sammaan Capital Limited has certified to the stock exchanges that it has made timely payment of interest on its Non-Convertible Debentures (NCDs) issued on a private placement basis. The filing was made under Regulations 30 and 57 of the SEBI LODR Regulations, 2015, which require listed companies to disclose any material event relating to debt securities, including interest or principal payments. The company has not disclosed the total amount paid or the number of NCD series involved in this announcement. No specific financial details, such as the interest amount or outstanding NCD value, were provided in this filing.
This is a routine compliance confirmation and signals that the company is meeting its debt servicing obligations on privately placed NCDs, which is a neutral-to-slightly-positive sign for bondholders. For equity shareholders, this is mostly procedural and unlikely to move the stock price on its own.