03 Oct 2025 | 3 Mins Read
Stock crashes 5% after IHC acquisition at an 18% discount
Flipitmoney
Avenir Investment, an IHC affiliate, will buy a 43.46% stake in Sammaan Capital for ₹8,850 crore at an 18% discount, becoming promoter and triggering an open offer. The deal aims to strengthen control and strategic backing, but the stock dropped nearly 5% after the announcement as investors reacted to the discounted pricing.