Synopsis:- Shares surged 12% after RBI approved a 66.65% stake acquisition by Avenir, backed by Abu Dhabi-based IHC. The deal may increase ownership to 63.36%, boosting investor sentiment. With 218 branches and over 8,000 partners, strong distribution and strategic backing support long-term growth visibility.
The shares of the non-banking finance company gained up to 12 percent in today’s trading session after the Reserve Bank of India (RBI) approved the acquisition of a 66.65% stake in Sammaan Capital.
With a market capitalization of Rs 12,794.61 crore, the shares of Sammaan Capital Ltd were trading at Rs 154.40 per share, increasing around 12 percent as compared to the previous closing price of Rs 138.40 apiece
RBI Approval
The shares of Sammaan Capital Ltd have seen positive movement after the RBI approved Avenir Investment RSC’s acquisition of a 66.65% stake, signaling strong investor confidence. Backed by Abu Dhabi-based IHC, the deal brings strategic capital and global backing. Additionally, the appointment of Alwyn Dinesh Crasta as director strengthens governance and oversight for the company’s future direction.
Moreover, Avenir is expected to initially hold 41.23%, which may rise to 63.36% post preferential issue and open offer, indicating a phased ownership increase. However, the transaction still awaits SEBI approval. This staged structure reflects a cautious yet strategic approach, ensuring regulatory compliance while gradually transferring control to the new investor.
Furthermore, RBI has imposed conditions, including restricting Sammaan Capital from raising public deposits and mandating completion within one year. These safeguards aim to maintain financial stability and regulatory discipline. Hence, while the deal boosts sentiment, its final impact will depend on timely execution, approvals, and integration under new ownership.
Financial & other Highlights
The company reported a stable Q3FY26 performance, with revenue increasing 7% from Rs 2,017 crore to Rs 2,158 crore. Net profit rose 4% from Rs 302 crore to Rs 314 crore, indicating slower earnings growth. While topline momentum remains healthy, the relatively modest profit increase suggests some pressure on margins during the quarter.
Sammaan Capital has built a strong distribution network with 218 branches, supported by 1,956 in-house sales personnel and over 8,000 vendor associates. Its presence spans across key regions, backed by 60 main branches and 51 service branches. Additionally, ongoing network reorganization aims to enhance coverage while improving operational efficiency through branch consolidation.
Sammaan Capital Ltd is a diversified financial services company focused on lending and credit solutions across retail and MSME segments. With a growing nationwide presence, it leverages a strong distribution network and partnerships to drive growth. The company aims to expand financial inclusion while maintaining disciplined risk management and sustainable long-term value creation.
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