Please find enclosed the copy of the Post-Offer Advertisement received by the Company from Citigroup Global Markets India Private Limited in relation to the open offer to the public shareholders ....
SAMMAANCAP · price
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Sammaan Capital Ltd (formerly Indiabulls Housing Finance) has received and filed the Post-Offer Advertisement from Citigroup Global Markets India Private Limited regarding an open offer to acquire up to 34,17,54,286 equity shares (26.05% of Expanded Voting Share Capital). The offer was made by Avenir Investment RSC Ltd along with PAC IHC Capital Holding LLC under SEBI (SAST) Regulations. The timeline shows public announcement dated October 2025, DPS in October 2025, Draft LoF in October 2025, Letter of Offer in April 2026, and the Post-Offer Advertisement published on May 21, 2026 in Financial Express, Jansatta, and Navshakti newspapers. This filing is a regulatory compliance requirement under Regulation 18(12) of SEBI (SAST) Regulations.
The open offer has been completed with the Post-Offer Advertisement now filed with the stock exchanges. This formalizes the acquisition of shares from public shareholders, likely resulting in change of control or significant increase in promoter holding for Avenir Investment RSC Ltd.