Sammaan Capital Shares Soar 11% as RBI Clears IHC's Majority Stake Acquisition

• Sammaan Capital shares surged 11% after RBI approved Avenir Investment RSC's acquisition of a 66.65% stake.
• Avenir Investment RSC is a subsidiary of Abu Dhabi-based International Holding Company (IHC).
• RBI also cleared the appointment of IHC nominee Alwyn Dinesh Crasta as a director for up to five years.
• Avenir plans to invest Rs 8,850 crore through a preferential issue.
• Post-allotment, Avenir's stake could rise to 63.36% after the preferential issue and open offer.

Key Questions Answered

Who is Alwyn Dinesh Crasta and what is his new role at Sammaan Capital?

Alwyn Dinesh Crasta has been appointed as a director on Sammaan Capital's board for up to five years. This appointment was approved by the Reserve Bank of India (RBI).

How much will Avenir Investment RSC invest in Sammaan Capital?

Avenir Investment RSC plans to invest ₹8,850 crore in Sammaan Capital through a preferential issue. This investment was approved by the Reserve Bank of India (RBI) on March 24, 2026.