Description
BSE notifies trading members that Sammaan Capital Limited has fixed 09 March 2026 as the record date for part redemption of four series of Non-Convertible Debentures along with payment of interest, with reduced face value of Rs. 400 per debenture effective the same date.
Summary
BSE has notified trading members that Sammaan Capital Limited has fixed 09 March 2026 as the record date for part redemption and interest payment on four series of Non-Convertible Debentures (NCDs). Trading in all four NCD series will be conducted with a reduced face value of Rs. 400 per debenture effective 09 March 2026 under settlement DR-835/2025-2026.
Key Points
- Four NCD series of Sammaan Capital Limited are subject to part redemption and interest payment.
- Record date fixed: 09 March 2026 for all four series.
- Reduced face value post-redemption: Rs. 400 per debenture for all four series.
- Effective date for reduced face value trading: 09 March 2026.
- Applicable settlement number: DR-835/2025-2026.
- Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations.
Regulatory Changes
No new regulatory framework changes. This is a corporate action notification under existing BSE debt market listing and trading rules requiring members to update trading parameters (face value) for the affected NCD scrips from the effective date.
Compliance Requirements
- Trading members must note the reduced face value of Rs. 400 per debenture for all four NCD series effective 09 March 2026.
- Members holding or dealing in these debentures should ensure settlement is processed under DR-835/2025-2026.
- Members should communicate the record date and reduced face value to relevant clients holding these instruments.
Important Dates
| Event | Date |
|---|---|
| Notice Date | 24 February 2026 |
| Record Date (Part Redemption & Interest Payment) | 09 March 2026 |
| Effective Date for Reduced Face Value Trading | 09 March 2026 |
| Settlement Number | DR-835/2025-2026 |
Impact Assessment
Affected Instruments:
| Scrip Name | ISIN | BSE Code | Reduced Face Value |
|---|---|---|---|
| SCL-9.65%-23-3-28-NCD | INE148I07NW6 | 938484 | Rs. 400 |
| SCL-10.15%-23-3-28-NCD | INE148I07OH5 | 938486 | Rs. 400 |
| SCL-9.25%-23-3-28-NCD | INE148I07NX4 | 938488 | Rs. 400 |
| SCL-9.71%-23-3-28-NCD | INE148I07NV8 | 938490 | Rs. 400 |
This is a routine partial redemption event. Impact is limited to investors and trading members holding these four specific NCD series. The reduced face value reflects the principal component being repaid, and trading post-record date will reflect the lower face value. All four series share the same maturity date (23 March 2028) and follow identical redemption terms.
Impact Justification
Routine corporate action affecting four NCD series of Sammaan Capital Limited; impacts holders of these specific debt instruments through reduced face value and requires trading members to note settlement adjustments effective 09 March 2026.