Acquisitions6 April 2026 at 08:55 am
Avenir Investment RSC Acquires 28.4% Stake in Sammaan Capital Ltd for INR 33,00,00,111
AI Summary
Avenir Investment RSC Ltd has acquired a 28.4% stake in Sammaan Capital Ltd for INR 33,00,00,111 through a preferential allotment. The transaction also includes the issuance of warrants. This acquisition has resulted in a change in the equity share capital and total voting capital of Sammaan Capital Ltd.
Key Highlights
- Avenir Investment RSC Ltd has acquired a 28.4% stake in Sammaan Capital Ltd for INR 33,00,00,111
- The acquisition was made through a preferential allotment of equity shares and warrants
- The transaction has resulted in a change in the equity share capital and total voting capital of Sammaan Capital Ltd
- Avenir Investment RSC Ltd along with PAC has made a mandatory open offer to the public shareholders of Sammaan Capital Ltd
- The acquisition is in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011