SAMMAANCAPNSESammaan Capital LimitedHighNeutral
Announced Thu, 9 Oct · 17:23 IST

Citigroup Global Markets India Private Limited has Submitted to the Exchange a copy of detailed public statement in terms of Regulations 3(1) and 4 read with Regulations 13(4), 14(3), 15(2) and other applicable Regulations of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended, to the public shareholders of the Company.

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Citigroup Global Markets India Private Limited has filed a Detailed Public Statement (DPS) with the stock exchange regarding an open offer to the public shareholders of Sammaan Capital Limited. The filing has been made under Regulations 3(1) and 4 read with Regulations 13(4), 14(3), and 15(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This is a mandatory disclosure required when an acquirer crosses the prescribed shareholding or control thresholds in a listed company. The detailed public statement typically contains the offer price, number of shares being offered, and the timeline of the open offer.

Likely market impact

This signals an active open offer event for Sammaan Capital shareholders, who will be able to tender their shares at the offer price during the offer window. Shareholders should review the DPS for offer price, size, and timeline before deciding to tender or hold their shares.