StockWatch
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Housing Finance Company
Open Offer26 May 2026, 04:20 pm

Avenir Investment Acquires 0.003% Stake in Sammaan Capital via Open Offer

AI Summary

Avenir Investment RSC Ltd acquired 41,110 shares of Sammaan Capital Limited through an open offer, representing 0.003% of the equity and fully diluted capital. Additionally, 33,00,00,111 shares were transferred from an escrow account to Avenir's demat account, constituting 28.5% of the equity capital and 21.4% of the fully diluted capital. Post-acquisition, Avenir's total holding stands at 63,67,31,756 shares, representing 43.4% of the equity capital and 41.3% of the fully diluted capital.

Key Highlights

  • Avenir Investment acquired 41,110 shares of Sammaan Capital via open offer.
  • 33,00,00,111 shares transferred to Avenir's demat account from escrow.
  • Avenir's total holding in Sammaan Capital is now 63,67,31,756 shares.
  • Acquisition via open offer occurred on May 14, 2026.
  • Transfer from escrow account occurred on May 26, 2026.