Description
Sammaan Capital Limited has fixed 09 March 2026 as the record date for part redemption and interest payment on four NCDs, with reduced face value of Rs. 400 per debenture effective from the same date.
Summary
Sammaan Capital Limited has fixed 09 March 2026 as the record date for part redemption of Non-Convertible Debentures (NCDs) and simultaneous payment of interest across four NCD series. Post the record date, trading in these debentures will be at a reduced face value of Rs. 400 per debenture 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
- Reduced face value: Rs. 400 per debenture for all four series
- Effective date for reduced face value: 09 March 2026
- Settlement number: DR-835/2025-2026
- All four NCDs mature on 23 March 2028
Regulatory Changes
No new regulatory changes. This is a standard corporate action notification under BSE debt segment guidelines requiring trading members to note the revised face value for settlement purposes.
Compliance Requirements
- Trading members must note the reduced face value of Rs. 400 per debenture effective 09 March 2026
- Trades in the listed NCDs must reflect the reduced face value from the effective date onwards
- Members must update their systems for settlement DR-835/2025-2026
Important Dates
| Event | Date |
|---|---|
| Notice Date | 24 February 2026 |
| Record Date | 09 March 2026 |
| Effective Date (Reduced Face Value) | 09 March 2026 |
| Settlement Number | DR-835/2025-2026 |
Impact Assessment
Affected Instruments:
| Scrip Name | ISIN | BSE Code |
|---|---|---|
| SCL-9.65%-23-3-28-NCD | INE148I07NW6 | 938484 |
| SCL-10.15%-23-3-28-NCD | INE148I07OH5 | 938486 |
| SCL-9.25%-23-3-28-NCD | INE148I07NX4 | 938488 |
| SCL-9.71%-23-3-28-NCD | INE148I07NV8 | 938490 |
Debenture holders will receive partial principal repayment along with accrued interest on the record date. The face value of all four NCD series will reduce to Rs. 400 per debenture from 09 March 2026, which will impact the trading price and yield calculations for the remaining term until maturity (23 March 2028). Market impact is limited to existing NCD holders and is a routine deleveraging event for Sammaan Capital Limited.
Impact Justification
Routine corporate action affecting four NCD series of Sammaan Capital Limited; impacts existing debenture holders with reduced face value of Rs. 400 per debenture from 09 March 2026.