Did Housing Finance Firm Sammaan Capital Beat the Deadline by Paying Debenture Interest Early?
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Synopsis
Sammaan Capital impressively paid off its debenture interest ahead of schedule, showcasing its commitment to investors. With no delays reported, the Gurugram-based firm continues to strengthen its position in the financial services market, emphasizing customer-centric solutions and a strong digital platform.
Key Takeaways
- Sammaan Capital paid off its NCD interest ahead of schedule.
- Payments were made without any delays or defaults.
- The company reported a net profit increase of 1.44%.
- It specializes in affordable housing loans and MSME financing.
- Sammaan Capital emphasizes customer-centric services and digital solutions.
Mumbai, July 30 (NationPress) – The Gurugram-based financial services provider Sammaan Capital has successfully fulfilled its obligation by making an early payment of interest on its secured redeemable non-convertible debentures (NCDs) that were issued publicly and are listed on the stock exchange.
The company has communicated this achievement to the stock exchanges in accordance with Regulations 30 and 57 of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations of 2015.
As per the official filing, the interest payments were made fully and punctually for several NCD series, with no instances of delays or defaults.
These payments, originally due on August 1, were completed ahead of the deadline on July 30, as stated in the company's regulatory announcement.
The payment schedule detailed in the filing indicated that interest was paid for various ISINs, with amounts varying from Rs 0.034 lakh to Rs 13.04 lakh, depending on each issue's size.
Payments were made monthly, maintaining the frequency of payouts unchanged.
Sammaan Capital reaffirmed that there were no causes for non-payment or delays, emphasizing its dedication to fulfilling investor obligations punctually.
The last interest payments were executed on July 1. Additionally, the company reported a 1.44% rise in its net profit for the previous fiscal year’s March quarter (Q4 FY25), totaling Rs 324.04 crore compared to Rs 319.43 crore in the same quarter of the previous year (Q4 FY24). However, the company has yet to reveal its Q1 FY26 results.
Sammaan Capital Limited, previously known as Indiabulls Housing Finance Limited, is an Indian financial services entity specializing in housing finance and property loans.
Under the regulation of the Reserve Bank of India (RBI), the company operates as a mortgage-focused NBFC, primarily providing home loans in the affordable segment, typically ranging between Rs 15 lakh and Rs 30 lakh.
It also extends loans to MSMEs for working capital requirements or business growth.
With a robust focus on understanding and addressing customers' needs in their journey to homeownership, Sammaan Capital serves clientele across the nation through its extensive network of branches and channel partners.
The company has also launched a digital platform aimed at expediting loan applications, reflecting its commitment to merging accessibility with customer-centric service.
Point of View
Sammaan Capital's proactive approach to fulfilling its investor obligations sets a remarkable example in the financial services sector. Their timely payments not only reflect strong financial health but also enhance trust with stakeholders, showcasing a dedication to responsible finance.
NationPress
31/07/2025
Frequently Asked Questions
What type of debentures did Sammaan Capital pay the interest on?
Sammaan Capital paid interest on secured redeemable non-convertible debentures (NCDs).
When was the interest payment due?
The interest payment was originally due on August 1 but was paid ahead of schedule on July 30.
What was the reported increase in net profit for Sammaan Capital?
Sammaan Capital reported a 1.44% increase in net profit for the March quarter of the previous financial year.
What is the focus of Sammaan Capital's financial services?
Sammaan Capital specializes in housing finance and loans against property.
How does Sammaan Capital support MSMEs?
Sammaan Capital provides loans to MSMEs for working capital needs or business expansion.
