Sammaan Capital Open Offer for Acquisition of Equity Shares

Avenir Investment RSC Ltd, along with IHC Capital Holding LLC, has announced an open offer to acquire up to 34,17,54,286 equity shares of Sammaan Capital Limited, representing 26% of the expanded voting share capital. The offer aims to acquire shares from public shareholders. Citigroup Global Markets India Private Limited is managing the offer, which is in compliance with regulatory requirements.

Offer Details

Avenir Investment RSC Ltd, acting in concert with IHC Capital Holding LLC, has announced an open offer to acquire up to 34,17,54,286 fully paid-up equity shares of Sammaan Capital Limited. These shares have a face value of INR 2 each. The acquisition represents 26% of the expanded voting share capital of Sammaan Capital Limited. The offer is extended to the public shareholders of the company.

Management and Compliance

Citigroup Global Markets India Private Limited is managing the open offer, ensuring compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Previously Submitted Documents

The following documents related to the offer have been previously submitted:

  • The public announcement dated October 2, 2025.
  • The detailed public statement dated October 9, 2025, which was published in Financial Express, Jansatta, and Nayshakti.
  • The draft letter of offer dated October 16, 2025.
  • Corrigendum

    An addendum cum corrigendum to the draft letter of offer and detailed public statement, dated January 14, 2026, has also been published in relation to the open offer in Financial Express, Jansatta and Navshakti on January 15 & 16, 2026.

  • Financial Express (English): Ahmedabad edition on January 16, 2026; all other editions on January 15, 2026.
  • Jansatta (Hindi): All editions on January 15, 2026.
  • Navshakti (Marathi): Mumbai edition on January 15, 2026.
  • Source: BSE

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