Brief: Sammaan Capital Says Avenir Investment Will Become Promoter Of Co Acquiring 41.5% Stake
31/03/2026 09:30
March 31 (Reuters) - Sammaan Capital Ltd SMMN.NS: SAMMAAN CAPITAL - AVENIR INVESTMENT WILL BECOME PROMOTER OF CO ACQUIRING 41.5% STAKE SAMMAAN CAPITAL - RECEIVED AN INITIAL TRANCHE OF INR 56.52 BILLION RUPEES SAMMAAN CAPITAL - UPON COMPLETION OF OPEN OFFER AND ASSUMING FULL UPTAKE IN OPEN OFFER, IHC, THROUGH AVENIR TO HOLD 63.3% STAKE IN CO SAMMAAN CAPITAL- RECEIVES 56.52 BILLION RUPEES INITIAL TRANCHE, 31.98 BILLION RUPEES TO FOLLOW IN 18 MONTHS Source text: ID:nBSE96Vp5j Further company coverage: SMMN.NS ((Reuters.Briefs@thomsonreuters.com;;))
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