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Sammaan Capital Announces Open Offer for 26% Stake Acquisition

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Sammaan Capital Announces Open Offer for 26% Stake Acquisition

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Sammaan Capital Ltd ( (IN:SAMMAANCAP) ) has provided an update.

Sammaan Capital Limited has announced an open offer for the acquisition of up to 26% of its expanded voting share capital by Avenir Investment RSC Ltd, with IHC Capital Holding LLC acting in concert. Citigroup Global Markets India Private Limited is managing the offer, which complies with the Securities and Exchange Board of India’s regulations. This move is significant for stakeholders as it could impact the company’s ownership structure and market positioning.

More about Sammaan Capital Ltd

Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, operates within the financial services industry. The company primarily focuses on providing housing finance solutions and is headquartered in Gurgaon, Haryana, India.

Average Trading Volume: 1,185,894

Technical Sentiment Signal: Buy

Current Market Cap: 135.6B INR

For an in-depth examination of SAMMAANCAP stock, go to TipRanks’ Overview page.

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