Sammaan Capital: Timely Interest Payment on Secured Redeemable Non‑Convertible Debentures

Overview

Date of filing: 28 March 2026
Regulation invoked: SEBI Listing Obligations & Disclosure Requirements (Regulation 57)
Instruments covered: Two series of Secured Redeemable Non‑Convertible Debentures (SRNCDs)
- Series 1: ISIN INE148I07MK3, Issue Size ₹35.45 lacs, Interest ₹0.23658 lacs
- Series 2: ISIN INE148I07ML1, Issue Size ₹1,376.22 lacs, Interest ₹9.74913 lacs
Payment frequency: Monthly (no change)
Due date: 28 Mar 2026
Actual payment date: 27 Mar 2026 (full amount paid)

Total interest paid: ₹9.98571 lacs for the March 2026 period.
Cash‑flow implication: Minimal relative to the overall debt base; reflects adequate liquidity.
No redemption or principal repayment was scheduled in this filing.

The filing satisfies SEBI’s requirement to disclose timely interest payments on listed debt securities.
No deviations, frequency changes, or delays were reported, indicating strict adherence to covenants.
The company’s certification is signed by the Company Secretary, Amit Kumar Jain, adding formal credibility.

Credit risk: Lowered, as the company honored its debt‑service obligations on schedule.
Liquidity perception: Positive; the ability to meet monthly interest outflows suggests a healthy cash‑flow position.
Earnings effect: The interest expense is already reflected in the company’s financial statements; no surprise impact.
Strategic outlook: No new strategic initiatives disclosed; the filing is purely a compliance update.

Score: 8/10 (moderately positive)
Rationale: Timely interest payments reinforce confidence in Sammaan Capital’s financial discipline and short‑term solvency. While the announcement does not introduce new growth drivers, the absence of payment issues removes a potential negative catalyst, supporting a stable to slightly optimistic outlook.

Prepared for investors on 28 March 2026.