Societe Generale Acquires Rs 76 Crore More in Sammaan Capital Shares, Promoter Boosts Reva Diamonds Stake by 2.2%
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Societe Generale Boosts Sammaan Capital Stake; Reva Diamonds Sees Promoter Buy-in
M
Moneycontrol•25-03-2026, 21:49
Societe Generale Boosts Sammaan Capital Stake; Reva Diamonds Sees Promoter Buy-in
•Societe Generale acquired additional shares worth Rs 76 crore (0.6% stake) in Sammaan Capital via open market transactions, increasing its total stake to over 2%.
•This move follows a proposed Rs 8,850 crore investment by Abu Dhabi's Royal Group in Sammaan Capital, which could lead to a 63.36% stake for Avenir Investment RSC.
•Gadgil Renu Govind, promoter of Reva Diamonds, bought 7 lakh shares (2.2% stake) for Rs 25.55 crore, causing a 0.41% rise in share price.
•Other significant market activities include Amicorp Capital buying into Apollo Pipes, Navkar Ventures acquiring Speb Adhesives, and Kedia Securities investing in Mahamaya Lifesciences.
•Promoters Umesh Modi and Prabhat Sethia offloaded stakes in Jupiter Infomedia and Filatex Fashions, respectively, while Azim Premji Trust-associated Prazim Trading acquired units in Anzen India Energy Yield Plus Trust.