Description
BSE suspends trading in six series of non-convertible debentures of Sammaan Capital Limited effective December 12, 2025, due to record date for redemption and interest payment.
Summary
BSE has suspended trading in six series of non-convertible debentures (NCDs) issued by SAMMAAN CAPITAL LIMITED effective December 12, 2025. The suspension is due to the company fixing December 12, 2025 as the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these specified debentures from the suspension date.
Key Points
- Six debenture series of Sammaan Capital Limited affected by trading suspension
- Record date fixed: December 12, 2025
- No dealings permitted from December 12, 2025
- Purpose: Redemption of debentures and payment of interest
- Reference number: DR-776/2025-2026
- All affected debentures have maturity date of December 27, 2025
Affected Debenture Series
| Series | ISIN | BSE Code | Interest Rate |
|---|---|---|---|
| SC-9.25%-27-12-25-NCD | INE148I07RC9 | 939100 | 9.25% |
| SCL-9.65%-27-12-25-NCD | INE148I07RD7 | 939102 | 9.65% |
| SCL-8.88%-27-12-25-NCD | INE148I07RE5 | 939104 | 8.88% |
| SCL-9.25%-27-12-25-NCD | INE148I07RI6 | 939106 | 9.25% |
| SC-ZC-27-12-25-NCD | INE148I07RF2 | 939108 | Zero Coupon |
| SCL-ZC-27-12-25-NCD | INE148I07RK2 | 939110 | Zero Coupon |
Compliance Requirements
- Trading members must not execute any deals in the specified debentures from December 12, 2025
- All trading activity in these six debenture series must cease from the suspension date
- Members must inform their clients holding these debentures about the trading suspension
Important Dates
- Notice Date: December 9, 2025
- Record Date: December 12, 2025
- Trading Suspension Date: December 12, 2025
- Debenture Maturity Date: December 27, 2025
Impact Assessment
Market Impact: Limited to debenture holders of Sammaan Capital Limited. The suspension is a standard procedure for processing redemption and interest payments.
Investor Impact: Debenture holders will not be able to trade these securities from December 12, 2025. However, this is expected as the debentures are approaching maturity on December 27, 2025. Eligible holders as per the record date will receive their redemption proceeds and final interest payment.
Operational Impact: Trading members must update their systems to block trading in these six debenture series and communicate the suspension to affected clients.
Impact Justification
Trading suspension affects six debenture series but limited to single issuer. High severity for debenture holders of Sammaan Capital as trading ceases for redemption processing. Medium impact as it's a standard corporate action procedure.