Sammaan Capital Ltd - Indiabulls Housing Finance Limited - Updates Indiabulls Housing Finance Limited has informed the Exchange regarding As a measure of good corporate governance we wish to inform that the Board of Directors of Sammaan Capital Limited ( Holding Company ) at their meeting held on November 13, 2024, have considered and approved the proposal for acquisition of legacy, wholesale loans business from its wholly owned subsidiary, Sammaan Finserve Limited (formerly known as Indiabulls Commercial Credit Limited) ( WoS ), in its ordinary course of business, for a lump sum consideration and on such terms and conditions as contained in an agreement to be executed between the Holding Company and the WoS. .

Sammaan Capital Ltd - Indiabulls Housing Finance Limited - Updates

Indiabulls Housing Finance Limited has informed the Exchange regarding As a measure of good corporate governance we wish to inform that the Board of Directors of Sammaan Capital Limited ( Holding Company ) at their meeting held on November 13, 2024, have considered and approved the proposal for acquisition of legacy, wholesale loans business from its wholly owned subsidiary, Sammaan Finserve Limited (formerly known as Indiabulls Commercial Credit Limited) ( WoS ), in its ordinary course of business, for a lump sum consideration and on such terms and conditions as contained in an agreement to be executed between the Holding Company and the WoS. .