Description

BSE notice regarding part redemption of multiple non-convertible debentures of Sammaan Capital Limited with reduced face values effective September 11, 2025.

Summary

BSE has issued a notice regarding the part redemption of 16 series of non-convertible debentures of Sammaan Capital Limited. The company has fixed September 11, 2025 as the record date for interest payment and part redemption. Trading in these debentures will commence with reduced face values from the effective date.

Key Points

  • 16 different debenture series of Sammaan Capital Limited are subject to part redemption
  • Record date fixed as September 11, 2025 for both interest payment and part redemption
  • Debentures will trade with reduced face values from September 11, 2025
  • Settlement number DR-713/2025-2026 applies to all affected debentures
  • Face value reductions vary based on maturity: Rs. 333.34 (2026 maturity), Rs. 600 (2028 maturity), Rs. 714.28 (2030 maturity), and Rs. 800 (2033 maturity)

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notice for debt securities following existing BSE procedures for part redemption of debentures.

Compliance Requirements

  • Trading members must note the reduced face values for affected debentures
  • All trading in these debentures must reflect the new reduced face values from September 11, 2025
  • Settlement procedures must follow the designated settlement number DR-713/2025-2026

Important Dates

  • Record Date: September 11, 2025 - for interest payment and part redemption eligibility
  • Effective Date: September 11, 2025 - trading commences with reduced face values
  • Settlement: DR-713/2025-2026

Impact Assessment

Medium impact on debt market participants holding Sammaan Capital debentures. The part redemption provides liquidity to investors while reducing the outstanding debt burden of the company. Face value reductions range from 33% to 80% depending on the series, significantly affecting the trading dynamics and valuation of these instruments. Investors will receive partial redemption proceeds while continuing to hold debentures with reduced face values.

Impact Justification

Part redemption affects 16 different debenture series with significant face value reductions, impacting debt trading and investor portfolios