Sammaan Capital Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also reported the appointment of H.E. Dalia Hazem Gamil Khorshid as an Additional Non-Executive Non-Independent Director. Other key outcomes include the cessation of Mr. Subhash Sheoratan Mundra as Non-Executive Chairman and Independent Director and the appointment of Mr. Dinabandhu Mohapatra as Interim Chairman.
Sammaan Capital Reports Q1 FY27 Financial Results
Sammaan Capital Limited has released its unaudited consolidated financial results for the first quarter of the fiscal year 2026-27, ending on June 30, 2026. The results were considered and approved by the Board of Directors during a meeting held on August 13, 2026. The disclosed financial statements include limited review reports from the joint statutory auditors and confirm no deviation in the utilization of proceeds from equity shares and non-convertible debentures.
Board Appointments and Changes
In addition to the financial results, the Board of Directors approved several key appointments and changes:
- Appointment of H.E. Dalia Hazem Gamil Khorshid (DIN: 11789322) as an Additional Non-Executive Non-Independent Director, following the recommendation of the Nomination and Remuneration Committee and subject to shareholder approval.
- Cessation of Mr. Subhash Sheoratan Mundra (DIN: 00979731) as Non-Executive Chairman and Independent Director upon completion of his second and final term on August 17, 2026.
- Appointment of Mr. Dinabandhu Mohapatra (DIN: 07488705) as Interim Chairman, effective from August 18, 2026, to ensure governance continuity.
- Noted the nomination by Life Insurance Corporation of India (LIC) of Mr. P. S. Negi as its nominee director in place of Mr. Rajiv Gupta (DIN: 08532421).
Financial Highlights (Consolidated)
For the quarter ended June 30, 2026, Sammaan Capital Limited reported a Profit / (Loss) before tax of ₹326.01 crores. Total income for the quarter stood at ₹1,682.81 crores, with total expenses amounting to ₹1,356.80 crores. The company also disclosed a Total comprehensive income / (loss) (after tax) of ₹141.92 crores.
The Statement of Consolidated Financial Results also detailed various disclosures, including information on subsidiaries and trusts, tax expenses, and earnings per share.
Standalone Financial Results
The company also presented its unaudited standalone financial results for the quarter ended June 30, 2026. Key figures include a Profit / (Loss) before tax of ₹295.23 crores and a Total income of ₹1,519.12 crores. The total expenses were ₹1,223.89 crores, resulting in a Total comprehensive income / (loss) (after tax) of ₹125.53 crores.
Further details are provided on tax expenses, other comprehensive income, and earnings per share for the standalone entity.
Statement of Deviation/Variation in Utilisation of Funds
The company provided a statement on the utilization of funds raised, indicating that for the Public Issues/Rights Issues/Preferential Issues/QIP Others, no additional proceeds were received in the current quarter ended June 30, 2026. For the Preferential Issue dated March 31, 2026, issue proceeds amounting to ₹5,652.75 crore were transferred from the Monitoring account. Of this, ₹4,714.12 crore were utilized towards the objects of the issue, with the remaining ₹938.64 crore deployed in Fixed Deposits. There was no deviation reported in the use of funds raised.
Security Cover Certificate
A Security Cover Certificate as per Regulation 54(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as at June 30, 2026, was also submitted. The certificate details the company’s assets and their coverage for listed secured debt securities and pari-passu debt holders.
Source: BSE
