Markets
Sammaan Capital shares in focus after Abu Dhabi-based IHC becomes promoter with Rs 5,652 cr initial investment
Sammaan Capital is set to transform into a diversified NBFC following a significant Rs 5,652 crore transaction with Abu Dhabi-based IHC. IHC's affiliate will acquire a 41.5% stake, becoming a promoter. This strategic move aims to expand Sammaan Capital's product offerings beyond mortgages and double its asset base within three years.
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