(Photo Source: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Abu Dhabi-based International Holding Company (IHC) is set to acquire a 43.5% stake in Indian financial services firm Sammaan Capital in a deal valued at ₹8,850 crore.

The board of Sammaan Capital has approved a preferential issue comprising 33 crore equity shares and 31 crore warrants to IHC, each priced at ₹139. The investment will see IHC emerge as the new promoter of Sammaan Capital.

more to come

See Full Page