Citigroup Global Markets India Private Limited has Submitted to the Exchange a copy of disclosure in relation to number of Equity Shares tendered in connection with the captioned Open Offer on April 30, 2026.
SAMMAANCAP · price
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Citigroup Global Markets India Private Limited, as Manager to the Open Offer, has disclosed to NSE that 41,110 Equity Shares (0.01% of the Offer Size) have been tendered in the Escrow Demat Account as of April 30, 2026. The open offer is being made by Avenir Investment RSC Ltd along with PAC IHC Capital Holding LLC to acquire up to 34,17,54,286 equity shares representing 26.05% of the Expanded Voting Share Capital of Sammaan Capital Limited. This is pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Nil shares were tendered on April 30, 2026 specifically. The tendered shares are subject to validation and verification before final acceptance.
Low acceptance so far (0.01%) suggests weak response from public shareholders, which may affect the success of the open offer. Shareholders should monitor further disclosures for acceptance levels.