Sammaan Capital Becomes an IHC-Group Company with 41.5% Stake, Aims to be Top 3 NBFCs in India by FY 2029

Sammaan Capital, India’s Largest Multinational NBFC, has become an IHC-Group company with preferential allotment of equity shares and warrants to International Holding Company PJSC, Abu Dhabi (“IHC”), resulting in a 41.5% stake. IHC will be classified as the Promoter of Sammaan Capital, assuming strategic control and long-term stewardship of the Company. Sammaan Capital will anchor IHC’s India financial services ambitions under its new global financial services platform, Judan Financial. With a stronger capital base, an upgraded credit profile, and deeper access to diversified funding at competitive pricing, Sammaan Capital aspires to be in the top 3 NBFCs in India in terms of AUM by FY 2029.