Sammaan Capital Shares Jump After Clarifying Supreme Court Case Involving Ex-Promoter

Overview

Sammaan Capital's shares saw a sharp jump, recovering earlier losses, following the company's clarification regarding a Supreme Court case. The company stated the case pertains to an erstwhile promoter no longer associated with the NBFC and that regulatory agencies found no wrongdoing by Sammaan Capital itself. The Supreme Court made no negative observations against the company.