Sammaan Capital Settles Lower as Abu Dhabi Investor Takes 43% Stake

’s stock saw an intraday decline of 6.22%, before settling with a 2.68% loss, ending a six-day winning streak during which the stock had surged 25.6%. The movement comes after Abu Dhabi-based Avenir Investment RSC, an affiliate of International Holding Company, acquired a 43.46% stake in Sammaan Capital for ₹8,850 crore via preferential allotment of 63.66 crore shares. Avenir has now become the new promoter of Sammaan Capital. As per SEBI takeover rules, International Holding Company is set to launch a mandatory open offer, signaling a significant change in the company’s shareholding structure. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.