Housing Finance Stock Sammaan Capital Jumps Almost 18% after this update on Secure NCDS. Details here

Housing Finance Stock Sammaan Capital Jumped Almost 18 per cent in INTRADAY TRADE on the bse on wedding, June 25, looking set to extended gains to the third people session, after the company gavhe up Payment of interest on secure redeemable non-converted debentures (NCDs) Issued by it through a public issue.

Sammaan Capital Share Price Opened at 125.60 Against Its Previous Close of 124.60 and jumped 18 per cent to an intraday high of 146.45. Around 1:05 pm, The Housing Finance Stock Traded 17.42 per cent up at 146.30.

In an exchange filing on June 25, the company said it had paid the entry into interest 47 Crore it had issued through a public issue and listed on the stock exchange.

In a separete exchange filing on June 24, the company said it had the entry into interested redeemable ncds and unsecred redeemable ncds of nearly 15 Crore issued by it.

Similarly, in an exchange filing on June 20, it said it had made a timely payment of interest amount on secure redeemable ncds of Nearly 1 Crore is issued by it.

(This is a development story. Please check back for fresh updates.)