Description
BSE suspends trading in six series of non-convertible debentures of Sammaan Capital Limited from October 27, 2025, due to redemption and interest payment with record date set for the same day.
Summary
BSE has issued notice DR-743/2025-2026 suspending trading in six series of non-convertible debentures (NCDs) issued by Sammaan Capital Limited. The suspension takes effect from October 27, 2025, due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the suspension date.
Key Points
- Six series of NCDs of Sammaan Capital Limited will be suspended from trading
- Record date fixed: October 27, 2025
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from October 27, 2025
- Notice issued by BSE Listing Operations (Corporate Actions - Debt Segment)
Affected Securities
| Security Name | ISIN | BSE Code | Coupon Rate |
|---|---|---|---|
| SC-9.25%-9-11-25-NCD | INE148I07PW1 | 938960 | 9.25% |
| SCL-9.65%-09-11-25-NCD | INE148I07QN8 | 938962 | 9.65% |
| SCL-8.88%-9-11-25-NCD | INE148I07QF4 | 938964 | 8.88% |
| SCL-9.25%-9-11-25-NCD | INE148I07QG2 | 938966 | 9.25% |
| SC-ZC-9-11-25-NCD | INE148I07QJ6 | 938968 | Zero Coupon |
| SCL-ZC-9-11-25-NCD | INE148I07QL2 | 938970 | Zero Coupon |
Compliance Requirements
- Trading members must not execute any deals in the listed debentures from October 27, 2025
- Members are required to take note of the suspension and adjust their trading systems accordingly
- All six ISIN codes must be blocked for trading purposes
Important Dates
- Notice Date: October 23, 2025
- Record Date: October 27, 2025
- Trading Suspension Date: October 27, 2025
Impact Assessment
The suspension affects holders and traders of Sammaan Capital Limited’s NCDs across six different series. Impact is limited to debt market participants dealing in these specific securities. The suspension is procedural in nature, related to the redemption process and interest payment, and does not indicate any financial distress or regulatory action against the company. Investors holding these debentures will receive their redemption proceeds and final interest payment as per the terms of the debentures.
Impact Justification
Affects trading in six NCD series of one company with limited broader market impact, primarily affecting debenture holders and traders in these specific securities