SAMMAANCAP

SAMMAAN CAPITAL GETS RBI NOD FOR NBFC BUSINESS RESTRUCTURING ✅🏦 • 🏛️ RBI has granted ‘No Objection Certificate’ (NOC) for transfer of NBFC business of Sammaan Finserve to Sammaan Capital under proposed scheme of arrangement • 🔄 Scheme involves restructuring between: • Sammaan Capital Ltd (Resulting Company) • Sammaan Finserve Ltd (Demerged Company) • 📌 Company said RBI approval marks a key regulatory milestone for implementation of the scheme • ✅ Earlier, company had already received: • ‘No adverse observations’ from BSE • ‘No objection’ from NSE • ⚖️ Scheme still subject to approvals from: • NCLT • Shareholders • Creditors • Other statutory/regulatory authorities 🟢 Impact: Positive (Major regulatory approval advances restructuring process and strengthens business reorganization plans)