Sammaan Capital Limited has submitted its monitoring agency reports for the quarter ended September 30, 2026. These reports detail the utilization of proceeds from the company’s Rights Issue, Qualified Institutional Placement (QIP), and Preferential Issue (PI). The documents, prepared by CRISIL Ratings Limited, confirm that the utilization of funds aligns with the objects disclosed in the respective offer documents, with no major deviations reported.
Sammaan Capital Limited: Q3 2026 Fund Utilization Reports Released
Sammaan Capital Limited has officially submitted its Monitoring Agency Reports for the quarter concluding on September 30, 2026. These reports, compiled by CRISIL Ratings Limited, provide a comprehensive overview of how the company has utilized funds raised through its recent financial instruments.
Key Reports Submitted
- Rights Issue: The report covers the utilization of proceeds from the Rights Issue, with CRISIL Ratings confirming that the expenditure aligns with the disclosures made in the offer document.
- Qualified Institutional Placement (QIP): Similarly, the QIP monitoring report indicates that the proceeds have been utilized as per the stated objectives, with all funds being fully deployed by the quarter’s end.
- Preferential Issue (PI): The report for the Preferential Issue also confirms that the raised funds have been utilized in line with the company’s disclosures.
Financial Oversight and Compliance
Throughout the reporting period, Sammaan Capital Limited has maintained its adherence to the planned utilization of funds. The monitoring agency’s reports highlight that no significant deviations from the objects of the issue have been observed. The company has engaged with the monitoring agency, providing necessary undertakings and documentation to ensure transparency and compliance with regulatory requirements.
Source: BSE
