Sammaan Capital Limited confirmed the timely completion of both interest and principal payments for its Secured Redeemable Non-Convertible Debentures (NCDs) issued via private placement and listed on stock exchanges. The full redemption amount of INR 2,500 lacs was paid on the maturity date of March 13, 2026, along with the final due interest amount of INR 223.76713 lacs. This signals the successful closure of the debt instrument.
Confirmation of Debt Servicing
Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) has formally certified that it has met all obligations concerning its Secured Redeemable Non-Convertible Debentures (NCDs) that were issued on a private placement basis and subsequently listed. The company confirms that the entire principal and interest amount has been paid, fulfilling the requirements under relevant listing regulations.
Interest Payment Details (ISIN: INE148107EA1)
The NCDs in question, with an issue size of INR 2,500 lacs, carried a quarterly/yearly interest payment frequency. For the final payment cycle:
- The amount of interest paid was INR 223.76713 lacs.
- The scheduled due date for this payment was March 13, 2026.
- The actual date of interest payment was March 12, 2026.
- The last recorded interest payment occurred on March 14, 2025.
Redemption Details
The redemption process confirmed the full redemption of the outstanding principal amount, classifying the redemption type as Maturity.
- The total principal amount redeemed was INR 2,500 lacs.
- The outstanding amount post-redemption is 0 lacs.
- The due date for maturity redemption was set as March 13, 2026, with the actual redemption occurring on March 12, 2026.
The certification confirms that the company has successfully managed the timely discharge of both its interest obligations and the full repayment of the principal amount for this specific debt instrument.
Source: BSE
