Citigroup Global Markets India Private Limited (Manager to the Offer) has submitted to the Exchange a copy of Post Offer Advertisement in accordance with Regulation 18(12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and subsequent amendments thereto, for the attention of the Public Shareholders of Sammaan Capital Limited (Target Company).
SAMMAANCAP · price
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Citigroup Global Markets India Private Limited, as Manager to the Offer, has submitted a Post-Offer Advertisement dated May 21, 2026 to NSE in compliance with Regulation 18(12) of SEBI (SAST) Regulations, 2011. This advertisement was published in three newspapers - Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi) on May 21, 2026. The advertisement relates to an open offer by Avenir Investment RSC Ltd (Acquirer), along with IHC Capital Holding LLC (PAC), to acquire up to 34,17,54,286 equity shares representing 26.05% of the Expanded Voting Share Capital of Sammaan Capital Limited. The offer process followed a timeline starting with public announcement on October 2, 2025, DPS on October 9, 2025, Draft LoF on October 16, 2025, and final Letter of Offer on April 3, 2026.
This filing indicates the open offer process has concluded and the mandatory post-offer advertisement has been published as required by SEBI regulations. Shareholders who tendered shares in the offer can expect the acquisition process to move toward completion.