Avenir Investment RSC Ltd, a special purpose vehicle of International Holding Company PJSC, has received approval from the Competition Commission of India (CCI) to acquire a controlling stake in Sammaan Capital Limited, formerly Indiabulls Housing Finance Limited.
The acquisition involves Avenir Investment RSC Ltd taking a controlling stake in Sammaan Capital Limited. Avenir is a special purpose vehicle established specifically for this transaction. The acquisition has been approved by the Competition Commission of India, with the detailed order pending.
International Holding Company PJSC, based in Abu Dhabi, manages a diverse portfolio across various sectors such as finance, healthcare, real estate, and renewable energy. The acquisition aligns with their strategic interests in expanding their investment footprint.
While the Competition Commission of India has granted its approval, the transaction is still awaiting regulatory clearances from the Securities and Exchange Board of India for the open offer and related approvals, as well as from the Reserve Bank of India.
Both Sammaan Capital Limited and Avenir Investment RSC Ltd are actively engaging with these regulators to expedite the process.
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Sammaan Capital Limited is registered with the Reserve Bank of India as a non-deposit taking non-banking financial company.
It offers a range of services, including retail loans for residential and commercial properties, wholesale loans for corporate construction projects, and business loans for MSMEs and corporates. Additionally, it provides lease rental discounting facilities, asset management services, and insurance product distribution.
As of December 10, 2025, at 9:16 AM, Sammaan Capital share price on NSE was trading at ₹144.88 up by 2.32% from the previous closing price.
The acquisition of a controlling stake in Sammaan Capital Limited by Avenir Investment RSC Ltd marks a significant development in the financial sector. With the necessary regulatory approvals in progress, this transaction is poised to enhance the strategic positioning of both entities in the market.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Dec 10, 2025, 11:20 AM IST
Team Angel One
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