Sammaan Capital Limited has informed the Exchange regarding ‘Further to our intimation dated April 1, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Securities Issuance and Investment Committee (the Committee ) of Sammaan Capital Limited (the Company ), the Committee in its meeting held on April 7, 2026, has approved the (i) offer to purchase for cash, upon the terms and subject to the conditions set forth in the Tender Offer Memorandum, in an aggregate principal amount up to U.S.$45,000,000 of the outstanding U.S.$450,000,000 7.5% Senior Secured Social Bonds due 2030 issued by the Company (the Bonds and such offer, the Tender Offer ); (ii) tender offer memorandum to be issued to the bondholders of the Bonds ( Tender Offer Memorandum ); (iii) the dealer manager agreement dated April 7, 2026 ( Dealer Manager Agreement ) to be entered into between the Company and the dealer manager; (iv) engagement letter with the Information and Tender agent dated April 7, 2026, (v) the commencement of the Tender Offer subject to the conditions set forth in the Tender Offer Memorandum, issued by the Company; and (vi) any other documents that may be required to be executed, in relation to the Tender Offer.’. |SUBJECT: Updates
