With the completion of International Holding Company PJSC (IHC) investment and Open Offer, Sammaan Capital has formally entered a new era. Sammaan Capital is now an IHC Group Company, with ....
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International Holding Company PJSC (IHC), Abu Dhabi has completed its strategic investment and mandatory open offer in Sammaan Capital. IHC has infused INR 5,652.75 crore so far, with total investment reaching INR 8,850 crore upon full exercise of subscription warrants. IHC holds 28.41% equity currently and is expected to increase to 41.24% on a fully diluted basis once warrants convert (by September 2027). Avenir Investment RSC Ltd, IHC's subsidiary, has been formally classified as promoter effective May 15, 2026. Mr. Alwyn Dinesh Crasta, Group CFO of IHC, has been appointed as Non-Executive Non-Independent Director on the board. This is one of the largest FDI deals in India's NBFC sector.
For shareholders, this signals strong financial backing from a USD 232 billion market cap global investor. The company has already received credit rating upgrades, and the IHC association is expected to reduce borrowing costs and improve market credibility. The promoter nominee appointment confirms IHC's control over board decisions.