Sammaan Capital Board Approves Q1 FY27 Results, Director Appointments

Sammaan Capital Limited's Board of Directors convened on August 13, 2026, to approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company confirmed no deviation in the utilization of proceeds from equity shares and non-convertible debentures. Key decisions also included the appointment of H.E. Dalia Hazem Gamil Khorshid as an Additional Non-Executive Non-Independent Director, subject to shareholder approval. The board noted the cessation of Mr. Subhash Sheoratan Mundra as Non-Executive Chairman and Independent Director upon completion of his term and appointed Mr. Dinabandhu Mohapatra as Interim Chairman. Additionally, the board acknowledged LIC's nomination of Mr. P. S. Negi as its nominee director, replacing Mr. Rajiv Gupta.