Sammaan Capital Gets NCLT Clarification on Scheme of Arrangement

Sammaan Capital Ltd announced that the National Company Law Tribunal (NCLT) has allowed its clarification application regarding the proposed Scheme of Arrangement. This follows an earlier NCLT order on June 12, 2026, which permitted the first motion application. The clarification order, dated July 10, 2026, modifies specific paragraphs of the previous order, particularly concerning the conduct of shareholder meetings for Sammaan Finserve Limited (Demerged Company) and Sammaan Capital Limited (Resulting Company). The modifications include allowing electronic voting for equity shareholders of the Resulting Company and adjustments to quorum provisions.