Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) has announced the allotment of 11,500 Secured, Rated, Listed, Redeemable, Fully Paid-Up Non-Convertible Debentures (NCDs) aggregating to ₹115 crore. The allotment was made on a private placement basis on January 16, 2026, following a board authorization dated September 3, 2025, and a resolution by the Securities Issuance and Investment Committee on January 12, 2026.

The NCDs carry a coupon rate of 9.05% per annum, fixed, and have a tenor of 10 years, with a maturity date of January 16, 2036. Interest will be paid semi-annually. The NCDs are secured by a charge on the company's financial and non-financial assets, including investments and loan assets, on a first pari-passu basis with other secured lenders. A minimum asset cover of 1.1 times the principal and interest is maintained. In case of default in payment of interest or principal, an additional interest of at least 2% per annum over the coupon rate will be payable for the defaulting period.

These NCDs are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited. The company has also provided illustrative cash flows per Debenture, detailing the principal repayment and coupon payments scheduled semi-annually until the maturity date.