Open Offer7 April 2026 at 08:46 am
Sammaan Capital Ltd Receives Open Offer from Citigroup Global Markets India Private Limited
AI Summary
Sammaan Capital Ltd has received a Letter of Offer from Citigroup Global Markets India Private Limited for an open offer to the public shareholders of the company. The offer is to acquire 34,17,54,286 Equity Shares, representing 26.05% of the expanded voting share capital of the company. The offer price is INR 139 per fully paid Equity Share and INR 39 per partly paid Equity Share. The offer is in compliance with the SEBI (SAST) Regulations, 2011, as amended.
Key Highlights
- Sammaan Capital Ltd has received a Letter of Offer from Citigroup Global Markets India Private Limited for an open offer to the public shareholders.
- The offer is to acquire 34,17,54,286 Equity Shares, representing 26.05% of the expanded voting share capital of the company.
- The offer price is INR 139 per fully paid Equity Share and INR 39 per partly paid Equity Share.
- The offer is in compliance with the SEBI (SAST) Regulations, 2011, as amended.
- Citigroup Global Markets India Private Limited is acting as the manager to the Offer.