Sammaan Capital allots ₹70 crore secured NCDs on private placement basis

Regulatory 26 Feb 2026· ₹70 crore · Completed· ✓ Verified

Sammaan Capital (formerly Indiabulls Housing Finance Limited) completed allotment of 7,000 secured, rated, listed, redeemable NCDs of ₹1,00,000 face value each on 26 February 2026, raising ₹70 crore via private placement. The issuance was authorized by Board resolution dated 3 September 2025 and confirmed by the Securities Issuance and Investment Committee on 23 February 2026. As a listed NBFC, the company is subject to SEBI Listing Regulations and RBI NBFC guidelines; the secured nature and listed status provide retail investor access and credit rating validation. The private placement structure allows targeted placement without open offer mechanics.

Why it mattersThe private placement NCD issuance by a listed NBFC successor entity (post-rebranding from Indiabulls Housing Finance) demonstrates continued capital-raising flexibility for housing finance entities under Reg 46 of SEBI Listing Regulations, even where equity capital may face headwinds; counsel should note the precedent that Board + SIAC authorization suffices for debenture allotment without fresh shareholder vote.
SectorFinancial Services
Value₹70 crore
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