Description
SAMMAAN CAPITAL LIMITED announces part redemption of non-convertible debentures with reduced face values effective September 11, 2025.
Summary
SAMMAAN CAPITAL LIMITED has announced part redemption of its non-convertible debentures along with interest payment. Trading in 16 debenture series will commence with reduced face values effective September 11, 2025, with record date set for the same date.
Key Points
- Part redemption affects 16 different debenture series of SAMMAAN CAPITAL LIMITED
- Record date and effective date: September 11, 2025
- Trading will continue with reduced face values post-redemption
- Interest rates on debentures range from 9.02% to 10.75%
- Settlement number: DR-713/2025-2026
Regulatory Changes
No regulatory changes announced. This is a standard corporate action notice.
Compliance Requirements
- Trading members must note the reduced face values effective from September 11, 2025
- All trading in the specified debentures must reflect the new reduced face values
- Settlement procedures to follow DR-713/2025-2026 guidelines
Important Dates
- Record Date: September 11, 2025
- Effective Date: September 11, 2025
- Settlement: DR-713/2025-2026
Impact Assessment
Medium impact on debt market participants holding SAMMAAN CAPITAL debentures. The part redemption will reduce the outstanding principal amounts, with face values ranging from Rs. 333.34 to Rs. 800 per debenture depending on the series. This represents a routine corporate action that provides liquidity to debenture holders while maintaining trading continuity at reduced face values.
Impact Justification
Routine corporate action affecting multiple debenture series with reduced face values