Sammaan Capital shares fell 5% on October 3 after approving an ₹8,850-crore preferential issue to IHC at ₹139 per share, triggering an open offer. Analysts warn of equity dilution lowering book value to ₹200-210, capping upside. The $1B infusion marks IHC’s entry into Indian financial services, backing Sammaan’s affordable housing and AI-led credit solutions.

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