Sammaan Capital Limited has provided a status update regarding its ongoing open offer for the acquisition of 34,17,54,286 equity shares, representing 26.05% of its expanded voting share capital. As of April 22, 2026, no shares have been tendered by public shareholders in the designated escrow demat account. The offer remains subject to the validation and verification of submitted documentation in accordance with the established terms and conditions.
Current Subscription Status
Following the open offer announcement by Avenir Investment RSC Ltd and IHC Capital Holding LLC, the company has reported that nil equity shares have been tendered as of April 22, 2026. This reflects 0% of the total offer size currently held in the designated escrow demat account managed by Ventura Securities Limited.
Verification Process
It is important to note that the figures provided are based on current data and may be subject to change. All equity shares tendered by public shareholders remain subject to strict validation and verification of complete documentation. Only shares deemed “validly tendered” will be accepted by the acquirers in accordance with the official letter of offer dated April 03, 2026, and its subsequent addendum.
Next Steps for Shareholders
Shareholders participating in the offer should ensure that all required documents are submitted correctly to be eligible for consideration. Final acceptance figures may differ from current records as the verification process continues over the duration of the open offer period.
Source: BSE
