Sammaan Capital Limited announced an update on the Open Offer by Avenir Investment RSC Ltd and IHC Capital Holding LLC to acquire up to 26.05% stake. As of April 20, 2026, nil shares have been tendered in the escrow account. The offer is subject to verification of documents and SEBI (SAST) Regulations.
Sammaan Capital Limited received 'no adverse observation' from BSE and 'no objection' from NSE for its proposed Scheme of Arrangement with Sammaan Finserve Limited. These regulatory clearances enable the company to proceed with filing the scheme before the NCLT. The observation letters remain valid for six months from April 22, 2026.
Sammaan Capital Limited submitted its annual disclosure for the centralized database of corporate bonds and debentures as of March 31, 2026. The filing includes exhaustive listing details, ISINs, and allotment dates for its outstanding Non-Convertible Debentures (NCDs) to ensure regulatory compliance with SEBI Master Circular requirements.
Citigroup Global Markets, as Manager to the Offer, announced that Nil shares (0% of offer size) have been tendered in the Open Offer for Sammaan Capital Ltd as of April 21, 2026. The offer, by Avenir Investment and IHC Capital, is for up to 34.17 crore shares, representing a 26.05% stake.
Sammaan Capital Merger & Restructuring Worth ₹418.5 Cr
Sammaan Capital Limited successfully closed its tender offer, accepting U.S.$45,000,000 (approx. ₹418.5 Crore) of its 7.5% Senior Secured Social Bonds due 2030 for purchase. The offer was oversubscribed, resulting in a scaling factor of 38.147%. Settlement is expected by April 24, 2026, reducing the company's outstanding debt obligations.
Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) certified the timely payment of interest totalling ₹0.115 Crore for three series of Secured and Unsecured Redeemable Non-Convertible Debentures. The payments, due on April 24, 2026, were made on April 21, 2026. This filing confirms the company's compliance with its debt service obligations.
Sammaan Capital Limited certified the timely payment of interest for two series of Secured Redeemable Non-Convertible Debentures. A total interest amount of approximately ₹4.46 Lakhs (₹0.04 Crore) was paid on April 21, 2026, for ISINs INE148I07NV8 and INE148I07NX4. This confirms the company's compliance with SEBI listing obligations regarding debt servicing.
Citigroup Global Markets, manager to the open offer for Sammaan Capital Limited, reported that nil equity shares were tendered by public shareholders as of April 20, 2026. The offer by Avenir Investment RSC Ltd seeks to acquire up to 26.05% of the target company's expanded voting share capital.
Sammaan Capital Limited (formerly Indiabulls Housing Finance) certified the timely payment of interest totaling ₹0.96 Crore on eight series of Secured Redeemable Non-Convertible Debentures. The payments, due on April 19, 2026, were made on April 17, 2026, across various ISINs including INE148I07WH8 and INE148I07WU1.
Citigroup Global Markets India Private Limited, as Manager to the Open Offer for Sammaan Capital Limited, reported that nil equity shares were tendered in the escrow account as of April 17, 2026. The offer involves the acquisition of up to 26.05% of the company's voting share capital by Avenir Investment RSC Ltd and IHC Capital Holding LLC.
Sammaan Capital Limited received a No Objection Certificate from IDBI Trusteeship Services for a private placement of Non-Convertible Debentures (NCDs). The trustee consented to creating a first ranking pari-passu charge on the company's assets to secure the debt. This move facilitates the company's planned fundraise through listed debt instruments.
IDBI Trusteeship Services issued an NOC for a loan to be taken by a purchaser for a flat in the NCR Monarch project, which was mortgaged to the Debenture Trustee. The unit's total sale consideration is ₹1.15 Crore. This is a routine administrative release related to the company's debt security obligations.
Avenir Investment RSC Ltd has announced an Open Offer to acquire up to 34,17,54,286 equity shares (26.05%) of Sammaan Capital Limited. The offer price is set at ₹139 per fully paid share, representing a total offer size of ₹4,750.4 Crore. The tendering period is scheduled from April 17 to April 30, 2026.
Sammaan Capital Limited submitted its half-yearly statement of International Securities Identification Numbers (ISINs) for debt securities outstanding as of March 31, 2026. The total outstanding amount for the reported non-convertible debentures and subordinated debt is ₹17,615.00 Crore. This filing ensures compliance with SEBI's master circular for debt-listed entities.
CRISIL upgraded Sammaan Capital Limited's long-term credit rating to AA+/Stable from AA. The upgrade follows International Holding Company (IHC) becoming the company's promoter. CRISIL cited strategic importance and strong capitalisation as key drivers for this first rating upgrade in nearly a decade, marking an upward trajectory for the company.
Avenir Investment RSC Ltd and IHC Capital Holding LLC have launched a ₹4,750.38 Crore Open Offer to acquire a 26.05% stake in Sammaan Capital Limited at ₹139 per share. The offer follows a preferential allotment giving the acquirers control as promoters. The tendering period runs from April 17 to April 30, 2026.
Avenir Investment RSC Ltd and IHC Capital Holding LLC have launched a mandatory Open Offer to acquire up to 26.05% of Sammaan Capital Ltd. The offer, valued at ₹4,750.38 Crore, is priced at ₹139 per fully paid equity share. The tendering period is scheduled from April 17 to April 30, 2026.
Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) has successfully redeemed NCDs worth ₹35 Crore and paid interest of ₹3.22 Crore. The total payment of ₹38.22 Crore was made on April 09, 2026, ahead of the April 11, 2026 due date, confirming timely debt servicing.
Sammaan Capital Limited (formerly Indiabulls Housing Finance) confirmed the timely monthly interest payment for seven tranches of Secured Redeemable Non-Convertible Debentures. The total interest paid amounted to approximately ₹0.28 Crore across various ISINs, fulfilling its regulatory obligations under SEBI Listing Regulations.
Sammaan Capital Limited has made a timely interest payment of ₹1.49 Crore on its Secured Redeemable Non-Convertible Debentures (ISIN: INE148I07YI2). The payment was made on April 8, 2026, ahead of the due date.
Sammaan Capital Limited has announced record dates for interest and principal payments on various Secured and Unsecured Non-Convertible Debentures (NCDs). Payments for four NCD series are scheduled between May and June 2026. This filing ensures compliance with SEBI listing obligations regarding timely intimation to stock exchanges.
Sammaan Capital Limited obtained listing approval for 75,000 Secured Redeemable Non-Convertible Debentures (NCDs) on April 02, 2026. The NCDs (ISIN: INE148I07SY1) were reaffirmed with an 'AA/Stable' rating by CRISIL and ICRA. This disclosure complies with SEBI's centralized database requirements for corporate bonds.
Sammaan Capital Limited has launched a cash tender offer to repurchase up to U.S.$ 45 million (approx. ₹418.50 Crore) of its outstanding 7.5% Senior Secured Social Bonds due 2030. The offer aims to utilize balance sheet cash to provide liquidity to bondholders. The expiration time for the offer is set for May 5, 2026.
Avenir Investment RSC Ltd, along with IHC Capital Holding LLC, has launched a ₹4,750.38 Crore open offer to acquire a 26.05% stake in Sammaan Capital Limited. The offer price is set at ₹139 per fully paid share. This follows a preferential allotment aimed at establishing the Acquirer as a promoter to drive future growth.
Avenir Investment RSC Ltd, along with IHC Capital Holding LLC, has launched a Rs 4,750.38 Crore open offer to acquire a 26.05% stake in Sammaan Capital Limited. The offer price is set at Rs 139 per fully paid share. The tendering period is scheduled for April 17 to April 30, 2026, following the receipt of statutory approvals.
Value
₹4,750 Cr
Execution
Tendering period: April 17, 2026 to April 30, 2026
Sammaan Capital Limited allotted 33 crore equity shares and 30.67 crore warrants to Avenir Investment RSC Ltd at ₹139 per unit via a preferential issue. The transaction represents a 43.4% stake in the target company. Allotted securities will be held in escrow without voting rights until the completion of a mandatory open offer.
Sammaan Capital Limited allotted 33,00,00,111 equity shares and 30,66,90,535 warrants to Avenir Investment RSC Ltd via a preferential issue on March 31, 2026. This strategic issuance results in the acquirer holding a 41.2% stake on a fully diluted basis, triggering a mandatory open offer for public shareholders.
BlackRock, Inc. reported a decrease in its shareholding in Sammaan Capital Ltd from 7.76% to 5.53%. This change resulted from a 2% passive dilution following a fresh allotment of equity shares by the company, which increased its total voting capital to 1,145,813,871 shares.