Sammaan Capital Limited has announced a strategic initiative to repurchase specific privately placed Non-Convertible Debentures (NCDs) at par. Following a credit rating upgrade to CRISIL AA+/Stable on April 10, 2026, the company aims to optimize its liability profile and reduce its overall cost of funds. This proactive treasury management move focuses on rebalancing debt obligations and strengthening the firm’s balance sheet through the retirement of outstanding securities until their respective maturity dates.
Strategic Debt Management
Following its recent credit rating upgrade to CRISIL AA+/Stable, Sammaan Capital Limited has launched a structured liability management program. The Asset Liability Management Committee (ALCO) has approved the acquisition of specific NCDs to improve the company’s financial flexibility and capital structure. By deploying surplus liquidity toward this buyback, the company intends to lower its cost of funds and ensure a more efficient alignment of its debt maturities.
Details of the Buyback Offer
The company is offering to purchase the NCDs at par value through the exchange mechanism. The securities acquired under this initiative will be held by Sammaan Capital as treasury stock until their maturity. Holders of the affected NCDs are invited to participate in this offer by reaching out to the company at their designated contact email address before the deadline of May 15, 2026.
Affected ISINs
The buyback program applies to the following specific NCD series:
- INE148I07EO2
- INE148I07ES3
- INE148I07EW5
- INE148I07FG5
- INE148I07FJ9
This initiative represents the start of a broader strategy by Sammaan Capital to optimize its obligations and leverage its improved credit rating to access larger and longer-tenor funding pools in the future.
Source: BSE
