Synopsis : BlackRock Inc has increased its stake in this indian NBFC Ltd through market purchases, taking total holding from 4.86% to 5.33%. Since the shareholding crossed 5%, the fund was required to file a disclosure under SEBI takeover norms.

This company is registered with and regulated by the National Housing Bank (NHB) and is engaged in the business of providing home loans and loans against property is now in the focus after blackrock crosses 5% shareholding in the company.

With market capitalization of Rs. 15,511 cr, the shares of Sammaan Capital Ltd are currently trading at Rs. 187 per share, from its previous close of Rs. 189.93 per share. The stock has delivered 17% in the past month.

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BlackRock Inc., on behalf of its discretionary management clients, has increased its

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