The board of directors of Sammaan Capital Limited is scheduled to meet on October 2, 2025, to consider and evaluate options for raising funds through the issuance of equity securities and/or other convertible securities. This includes exploring preferential offers, private placements, rights offerings, and qualified institutional placements, subject to necessary approvals. The trading window remains closed until further notice.
Fundraising on the Horizon
Sammaan Capital Limited’s board of directors will convene on October 2, 2025, to deliberate on various fundraising methods. The board is expected to assess the feasibility of raising capital through different types of securities, including equity and debt instruments.
Potential Fundraising Methods
The company is considering multiple avenues for raising funds. These include:
* Preferential offers* Private placements* Rights offerings* Qualified institutions placement
Any fundraising activity will be subject to the approval of the company’s members, as well as regulatory and statutory approvals. The decision to pursue any specific fundraising method will depend on market conditions and the company’s capital requirements.
Trading Window Closure
In light of the upcoming board meeting and potential fundraising activities, the trading window for the company’s securities remains closed for all designated persons and their immediate relatives, effective September 30, 2025, until further notice. This measure is in accordance with the company’s code of conduct for prevention of insider trading.
Source: BSE
