Sammaan Capital Ltd. announces an acquisition

The pro-forma financial statements detailing the post-scheme consolidated net worth and debt-to-equity ratio for Sammaan Capital Limited are not reported in the cited shareholder notice filing ^[1].

Disclosed Scheme Context

• Transaction Structure: The proposed corporate restructuring is a Scheme of Arrangement between Sammaan Finserve Limited (the Demerged Company) and Sammaan Capital Limited (the Resulting Company) under Sections 230–232, read with Section 52 and Section 66 of the Companies Act, 2013 ^[1].
• Regulatory Approvals & Timeline: Pursuant to the order of the National Company Law Tribunal (NCLT), New Delhi Bench dated June 12, 2026 (read with the rectification order dated July 10, 2026), Sammaan Capital convened an NCLT-directed equity shareholder meeting on September 10, 2026, to vote on the proposed scheme ^[1].

Disclosure Gap

The filing confirms the NCLT meeting process and statutory terms, but the numerical pro-forma balance sheet adjustments—specifically the impact on consolidated net worth, total borrowings, and the leverage profile (debt-to-equity ratio)—were not publicly detailed in this document ^[1].

The specific 'Conditions Precedent' (such as RBI approvals or creditor consents) and the management's defined 'Appointed Date' for the restructuring Scheme between Sammaan Finserve Limited and Sammaan Capital Limited are not explicitly legible or detailed in the retrieved NCLT meeting notice filings ^[2].

Evidence and Filing Context

• NCLT Meeting Timeline: The New Delhi Bench of the NCLT issued an order on June 12, 2026, read with a rectification order on July 10, 2026, directing a virtual meeting of equity shareholders of Sammaan Capital Limited (the Resulting Company) to be held on September 10, 2026 ^[1].
• Statutory Framework: The Scheme of Arrangement between Sammaan Finserve Limited (the Demerged Company) and Sammaan Capital Limited is being processed under Sections 230 to 232 read with Sections 52 and 66 of the Companies Act, 2013 ^[2].
• Data Gap: The formal statutory notice (`Form CAA.2`) and accompanying text blocks containing the detailed terms of the Scheme are heavily unparsed or garbled in the retrieved document chunks, preventing verification of specific closing conditions or the exact Appointed Date ^[2].

Implication and Disclosure Gap

The exact regulatory consents, creditor approvals, and the baseline timeline (Appointed Date) represent a disclosure gap in the current retrieval set. A complete assessment of the restructuring conditions requires referencing the unparsed sections of the original NCLT petition or the comprehensive Scheme document.

Corporate Restructuring Framework

Sammaan Capital Limited ("Resulting Company" or "SCL") and Sammaan Finserve Limited ("Demerged Company" or "SFL") are executing a Scheme of Arrangement under Sections 230–232 read with Sections 52 and 66 of the Companies Act, 2013 `<sup>[1]</sup>`. Pursuant to orders of the Hon'ble National Company Law Tribunal (NCLT), New Delhi Bench dated June 12, 2026, and July 10, 2026, SCL convened a virtual meeting of equity shareholders on September 10, 2026, to vote on the proposed Scheme `<sup>[1]</sup>`.

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Composition of Transferred Assets and Liabilities

• Asset and Liability Breakdown: The detailed financial schedules specifying the exact composition, line-item asset values, or liability divisions transferred from the Demerged Company (SFL) to the Resulting Company (SCL) were not explicitly disclosed in the published NCLT meeting notice filings `<sup>[1]</sup>`.

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Alignment with Core Lending Strategic Objectives

• Strategic Rationale: While the Scheme establishes SCL as the Resulting Company in this corporate restructuring `<sup>[1]</sup>`, qualitative commentary and quantitative disclosures explaining how the transfer realigns or refocuses the entity's core lending operations were not included in the corporate updates issued for the shareholder meeting `<sup>[1]</sup>`.