Sammaan Capital Share Price: Sammaan Capital Limited has said that all regulatory approvals have been received for Avenir Investment RSC Ltd's takeover of a controlling stake.
Sammaan Capital was formerly known as Indiabulls Housing Finance Limited.
Sammaan Capital Share Price
Sammaan Capital shares on Friday (March 27) closed at Rs 148.40 on BSE.
Avenir Investment RSC, the investor, is owned and controlled by International Holding Company PJSC.
Sammaan Capital and the investor are engaged to conclude the transaction at the earliest, said Sammaan Capital in an exchange filing.
"SEBI has approved the applications made by Sammaan Asset Management Limited (wholly owned subsidiary of the company)... in respect of indirect change of control of SAML pursuant to the Proposed Transaction," the filing said.
"For the Proposed Transaction, the Company had previously received requisite approvals from the shareholders, the lenders / creditors, the stock exchanges, the Competition Commission of India, and the Reserve Bank of India. Now with the receipt of the SEBI approvals, all regulatory approvals for consummation of the Proposed Transaction are in place," the filing said.
The proposed Transaction will be effected in accordance with the terms of the share subscription agreement dated October 2, 2025, entered into between the Company and the Investor.
The investor will invest an aggregate amount of Rs 8,849,99,99,794 by way of the preferential issue.
Once the transaction (preferential issue) is completed, the investor will hold approximately 41.2 per cent stake.
After the completion of the open offer, and assuming full uptake in the open offer, the Investor shall hold a majority stake at 63.3 per cent.
Sammaan Capital Share Price History
Sammaan Capital is a housing finance company with a market capitalisation of more than Rs 12,000 crore.
Sammaan Capital share price has jumped 35 per cent in the last one year. However, Sammaan Capital share price has declined nearly 10 per cent in two years.
