RBI approves Avenir Investment takeover of Sammaan Capital

Transaction awaits final regulatory clearance

Mergers & Acquisitions Capital Markets Financial Services
Economic Times ·
Change
India’s RBI approved Avenir Investment’s acquisition of a controlling stake in Sammaan Capital with an ₹8,850 crore equity infusion.
Why it matters
The deal cannot close until SEBI approval and completion of open-offer requirements, delaying transfer of control.
Implications
  • — Ownership transfer paused — regulatory approval pending
  • — Deal execution depends on SEBI clearance — timing uncertain

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Source
Economic Times
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