Description

BSE directs trading members not to deal in four Non-Convertible Debentures of Sammaan Capital Limited from March 9, 2026, ahead of their scheduled redemption and interest payment.

Summary

BSE has notified trading members that Sammaan Capital Limited has fixed March 9, 2026 as the Record Date for redemption and interest payment on four Non-Convertible Debentures (NCDs). Trading in all four debentures is suspended with effect from March 9, 2026, pursuant to notice DR-835/2025-2026.

Key Points

  • Four NCDs of Sammaan Capital Limited are subject to a no-dealings directive effective March 9, 2026.
  • Record Date for all four instruments is March 9, 2026.
  • Purpose is redemption of debentures combined with payment of interest for each instrument.
  • All four NCDs mature on or around March 23, 2026 (as reflected in their naming convention).
  • Reference circular: DR-835/2025-2026.

Regulatory Changes

No new regulatory changes. This is a standard operational directive under existing BSE debt segment regulations requiring suspension of trading in NCDs ahead of their record date for redemption.

Compliance Requirements

  • Trading members must refrain from dealing in the following debentures from March 9, 2026 onwards:
    • SC-9.90%-23-3-26-NCD | ISIN: INE148I07OB8 | Code: 938478
    • SCL-9.48%-23-3-26-NCD | ISIN: INE148I07NZ9 | Code: 938480
    • SCL-9.90%-23-3-26-NCD | ISIN: INE148I07NY2 | Code: 938482
    • SCL-9%-13-03-26-PVT | ISIN: INE148I07EA1 | Code: 953585
  • Members should update their systems to block trading in the above scrip codes from the effective date.

Important Dates

  • February 24, 2026 — Notice issued by BSE.
  • March 9, 2026 — Record Date for all four NCDs; no dealings permitted from this date.
  • March 23, 2026 — Maturity/redemption date (implied from NCD naming convention).

Impact Assessment

Impact is limited to debt segment participants holding or intending to trade in these four specific Sammaan Capital NCD instruments. This is a routine pre-redemption trading suspension and does not indicate any credit event or financial distress. Holders of these NCDs will receive redemption proceeds and accrued interest on the maturity date. No impact on Sammaan Capital’s equity shares or other listed securities.

Impact Justification

Routine suspension of trading in four NCDs of Sammaan Capital Limited ahead of redemption on March 23, 2026; affects debt segment participants holding these specific debentures.