Acquisitions27 March 2026 at 05:40 pm
Avenir Investment RSC to Acquire Controlling Stake in Sammaan Capital Limited for INR 8,849 Crore
AI Summary
Sammaan Capital Limited has announced that all regulatory approvals have been received for the proposed acquisition of a controlling stake by Avenir Investment RSC Ltd. The transaction, which is expected to be concluded at the earliest, will see Avenir Investment invest approximately INR 8,849 crore in Sammaan Capital. Upon completion of the transaction, Avenir Investment will hold approximately 41.2% of the paid-up equity share capital of Sammaan Capital.
Key Highlights
- Avenir Investment RSC to acquire controlling stake in Sammaan Capital Limited
- Total investment of approximately INR 8,849 crore
- All regulatory approvals received
- Avenir Investment to hold approximately 41.2% of Sammaan Capital's paid-up equity share capital post-transaction
- Transaction expected to be concluded at the earliest