Sammaan Capital Share Price in Focus; Appoints Arijit Nandy as VP and Head of Fraud Control Unit

Sammaan Capital Limited has approved the appointment of Arijit Nandy as Vice President and Head of the Fraud Control Unit (FCU). He will also be part of the company’s senior management personnel. 

The appointment will take effect from March 16, 2026. The decision was approved by the Board of Directors after a recommendation from the company’s Nomination and Remuneration Committee. The development was disclosed to the stock exchanges through a filing dated March 14, 2026.  

Role in Fraud Control and Risk Monitoring 

In this role, Nandy will oversee the company’s Fraud Control Unit, which handles fraud risk monitoring and internal control processes. The unit is responsible for identifying suspicious activities and reviewing potential fraud-related cases across operations. 

Financial institutions typically use such teams to strengthen internal oversight and monitor irregular transactions or patterns that may indicate risk. The FCU also supports investigations and the development of internal fraud prevention measures. 

Background in Banking and Financial Services 

The filing suggests that Nandy has over 25 years of experience in fraud prevention and risk management in the banking and financial services sector. 

Before joining Sammaan Capital, he worked at AU Small Finance Bank as National Manager for Fraud and Payments Risk. Earlier in his career, he held positions at HSBC Bank as Lead for Customer Due Diligence, at IDBI Bank as Manager in operations, and at UTI Bank, now known as Axis Bank, where he served as Deputy Manager.  

Education and Professional Training 

Nandy holds a Master of Business Administration from the India International Institute of Management, University of Rajasthan, completed in 2000. 

He has also completed several professional courses related to risk and fraud management. These include a Management Development Programme at IIM Udaipur in 2022 and training in Risk Management Fundamentals from the NSE in the same year. His certifications also include programmes related to FICO fraud management tools and risk management training from the National Institute of Bank Management.  

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Sammaan Capital Share Price Performance 

As of March 16, 2026, 11:07 am, Sammaan Capital Ltd share price was trading at ₹139.81, a 0.22% decrease from the previous close. 

Conclusion 

The appointment was disclosed by the company through an exchange filing. Nandy will assume the role from March 16, 2026 as part of the company’s senior management structure. 

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