Sammaan Capital Allots ₹1400 Cr in Non-Convertible Debentures

Sammaan Capital Limited has allotted 8,000 secured, rated, listed, redeemable, non-convertible debentures (Series I) aggregating to ₹800 Crores and 6,000 non-convertible debentures (Series II) aggregating to ₹600 Crores. The allotment was made on a private placement basis on July 3, 2026, following board authorization and a resolution from the Securities Issuance and Investment Committee. Series I NCDs carry a coupon rate of 8.03% per annum and mature on September 8, 2027. Series II NCDs have a coupon rate of 8.43% per annum and mature on February 22, 2028. The debentures are secured by a charge on the company's financial and non-financial assets, with a minimum asset cover of 1.25 times.