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S&P Global Ratings has upgraded Sammaan Capital`s long-term [International] credit rating to �BB-` with Stable Outlook.The rating upgrade reflects the continued strengthening of the Company`s credit profile following the strategic investment by International Holding Company PJSC (IHC). S&P expects an improvement in business profile, enhanced funding access, continued strong capitalization, and increase in profitability. With CRISIL having upgraded the Company`s long-term rating to �CRISIL AA+/Stable` on April 9, 2026, CARE Ratings having upgraded the Company`s long-term rating to �CARE AA+; Stable` on May 12, 2026, and ICRA having upgraded the Company`s long-term rating to �[ICRA]AA+/Stable` on May 20, 2026, all the major rating agencies covering the Company have now upgraded their ratings following IHC`s investment in the Company on March 31, 2026.The successive rating upgrades have already translated into improved market confidence and a meaningful reduction in the Company`s incremental borrowing costs. Enhanced funding access and a lower cost of funds will strengthen the Company`s competitive position, support higher disbursements and accelerate execution of its growth strategy.

Net loss of Sammaan Capital reported to Rs 8101.41 crore in the quarter ended March 2026 as against net profit of Rs 324.04 crore during the previous quarter ended March 2025. Sales declined 35.58% to Rs 1357.66 crore in the quarter ended March 2026 as against Rs 2107.43 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 7144.56 crore in the year ended March 2026 as against net loss of Rs 1807.46 crore during the previous year ended March 2025. Sales declined 5.30% to Rs 8166.16 crore in the year ended March 2026 as against Rs 8623.33 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1357.662107.43 -36 8166.168623.33 -5 OPM %-139.7671.41 -41.6028.28 - PBDT-3572.41479.69 PL -2196.82-2292.55 4 PBT-3597.45454.99 PL -2285.25-2375.57 4 NP-8101.41324.04 PL -7144.56-1807.46 -295 Powered by Capital Market - Live News

Sammaan Capital announced that ICRA has upgraded the credit rating on the long-term debt programme of the company to �ICRA AA+/Stable`. The rating has been removed from �Rating Watch with Developing Implications`.

Sammaan Capital will hold a meeting of the Board of Directors of the Company on 20 May 2026.

Sammaan Capital announced that with the completion of International Holding Company PJSC (IHC) investment and Open Offer, Sammaan Capital has formally entered a new era. Sammaan Capital is now an IHC Group Company, with IHC, as the promoter and controlling shareholder of the Company.IHC is one of the world`s largest listed investment companies, with a market capitalisation of approximately USD 232 billion and total assets of USD 117 billion, with a presence across 100+ countries. India is one of IHC`s top two global strategic markets, and Sammaan Capital is the anchor of Avalora Holdings, IHC`s dedicated international financial services platform � a positioning that reflects IHC`s long-term commitment to India and to Sammaan Capital as its flagship Indian financial services investment.