🚨Big Move in NBFC Space in SAMMAANCAP
Abu Dhabi’s IHC is acquiring 41.2% in SAMMAANCAP Sammaan Capital (formerly Indiabulls Housing Finance) for ₹8,850 crore.
CEO Gagan Banga makes it clear — this isn’t about capital infusion (capital adequacy at 30% is already strong), but about partnership and reinvention.
The real kicker? Sammaan expects its cost of capital to fall by 170 bps over the next 12 months post-deal.
No surprise the stock has rallied 20% in just two weeks — markets love efficiency and clarity of vision.
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