Sammaan Capital open offer at ₹139/share from Avenir Investment

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

SAMMAANCAP · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close

+3.7%1-day move

₹147.10

prior close

₹145.58

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.2-0.1-0.1-0.2+3.7+4.1+5.4+4.9+6.4+5.2-4.2+3.3+19.7+14.8

Up moveDown movePending

AI summary

Sammaan Capital has received the Letter of Offer for a mandatory open offer triggered by Abu Dhabi-based Avenir Investment RSC Ltd (with IHC Capital Holding as PAC). Acquirer is buying up to 34.17 crore shares (26.05% of expanded voting capital) at ₹139 per fully paid share and ₹39 per partly paid share. The underlying share subscription of 33 crore shares (₹4,587 crore) closed on March 31, 2026. All approvals (CCI, SEBI, RBI) are in place. Citigroup is the manager. Tendering period: April 17–30, 2026.

Likely market impact

Public shareholders can tender shares during April 17–30, 2026 at ₹139 (fully paid). If oversubscribed, acceptance will be proportionate.