Sammaan Capital Limited has informed the Exchange regarding 'Pursuant to Regulation 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 amount in respect of the Secured Redeemable Non-Convertible Debentures issued by our Company, through Public Issue, and listed on the Stock Exchanges'.
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Sammaan Capital Limited has confirmed to the stock exchange that it has made timely payment of interest on its Secured Redeemable Non-Convertible Debentures (NCDs). These NCDs were issued by the company through a public issue and are listed on the stock exchanges. The disclosure was made under Regulation 57 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This is a routine compliance filing certifying that the company has met its debt servicing obligations on schedule.
This is a routine compliance confirmation and not a material event. It reassures NCD holders that interest payments are being made on time, but is unlikely to cause any meaningful movement in the company's equity share price.