Citigroup Global Markets India Private Limited ("Manager to the Offer") has submitted to BSE a copy of Post Offer Advertisement in accordance with Regulation 18(12) of the SEBI (SAST) Regulations, ....
SAMMAANCAP · price
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Citigroup Global Markets India Private Limited, as Manager to the Offer, has submitted the Post-Offer Advertisement for an open offer to acquire up to 34,17,54,286 equity shares (26.05% of Expanded Voting Share Capital) of Sammaan Capital Limited. The offer was made by Avenir Investment RSC Ltd (Acquirer) along with IHC Capital Holding LLC as a person acting in concert. The acquisition timeline shows a public announcement dated October 2, 2025, followed by a detailed public statement, draft letter of offer, corrigendum, letter of offer with addendum, and pre-offer advertisement before this final post-offer advertisement published on May 21, 2026 in Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi).
This filing confirms the completion of the open offer process under SEBI takeover regulations. The acquisition of a significant 26.05% stake through the open offer represents a substantial change in shareholding structure, potentially affecting control dynamics and shareholder value.