03 Oct 2025 | 3 Mins Read
IHC purchases controlling stake in Sammaan Capital for 8,850 crore
Flipitmoney
International Holding Company (IHC) of Abu Dhabi will acquire a 43.5% stake in Sammaan Capital for Rs 8,850 crore. The deal involves a Rs 4,650 crore preferential allotment at Rs 139 per share. This will trigger a mandatory open offer for 26% and IHC will become the new promoter with the right to appoint the Board of Directors.