Description

BSE announces part redemption of 16 different series of SAMMAAN CAPITAL LIMITED debentures with reduced face values effective September 11, 2025.

Summary

Samman Capital Limited has announced part redemption of 16 different series of non-convertible debentures with record date of September 11, 2025. The debentures will trade with reduced face values ranging from Rs. 333.34 to Rs. 800 per debenture effective from the same date.

Key Points

  • 16 different debenture series affected across various interest rates (9.02% to 10.75%)
  • Record date fixed as September 11, 2025 for interest payment and part redemption
  • Trading will commence with reduced face values from September 11, 2025
  • Settlement number DR-713/2025-2026 applies to all series
  • Interest rates range from 9.02% to 10.75% across different maturity periods

Regulatory Changes

No regulatory framework changes. Standard corporate action for debt securities part redemption.

Compliance Requirements

  • Trading members must note the reduced face values for all affected debenture series
  • Updated pricing and trading systems to reflect new face values from September 11, 2025
  • Proper settlement processing under DR-713/2025-2026

Important Dates

  • Record Date: September 11, 2025
  • Effective Date for Reduced Face Value: September 11, 2025
  • Settlement Number: DR-713/2025-2026

Impact Assessment

Medium impact on debt market participants holding these debentures. The part redemption provides cash flow to investors while reducing the outstanding principal amount. Trading systems and pricing models need updates to reflect the new face values across 16 different ISIN codes.

Impact Justification

Affects 16 debenture series with face value changes impacting debt trading