Sammaan Capital Share Price Jumps 7% After RBI Approval of Avenir Investment's ₹8,849 Crore Stake Buy

Avenir Investment RSC Ltd is set to acquire a controlling stake in Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, with a significant investment.  

This transaction marks a pivotal moment for the company as it transitions under new ownership. 

Details of the Acquisition 

On March 24, 2026, Sammaan Capital Limited announced that Avenir Investment RSC Ltd, owned by International Holding Company PJSC, will acquire a controlling stake in the company. 

The Reserve Bank of India has approved the transaction, which involves an investment of approximately ₹8,849,99,99,794 through a preferential issue. 

Upon completion of this preferential issue, Avenir Investment will hold approximately 41.23% of Sammaan Capital's paid-up equity share capital. The acquisition process also includes an Open Offer, which could increase Avenir's stake to approximately 63.36%, assuming full uptake. 

Regulatory Approvals and Conditions 

The Reserve Bank of India has granted approval for the transaction, including the indirect change of control of Sammaan Finserve Limited, a wholly-owned subsidiary of Sammaan Capital. Additionally, the RBI has waived the public notice period, expediting the process. 

The final regulatory approval required is from the Securities and Exchange Board of India (SEBI). Sammaan Capital and Avenir Investment are actively engaging with SEBI to ensure timely completion of the transaction. 

Investment Details and Shareholding Impact 

The investment by Avenir Investment is structured through a preferential issue, which will significantly alter the shareholding pattern of Sammaan Capital. The share subscription agreement was initially signed on October 2, 2025, and outlines the terms of the transaction. 

Read More: Uday Kotak Increases Stake in Infina Finance Stake by 8.99% via Family Trust in ₹375 Crore Deal! 

Sammaan Capital Share Price Performance 

As of March 25, 2026, at 9:20 AM, Sammaan Capital share price on NSE is trading at ₹148.30, up by 7.01% from the previous closing price. 

Conclusion 

The acquisition of a controlling stake in Sammaan Capital by Avenir Investment marks a significant development in the company's trajectory. With regulatory approvals in place, the completion of this transaction is anticipated to bring about notable changes in the company's ownership structure. 

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. 

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