Sammaan Capital becomes IHC Group company, receives Rs 5,652 cr in first tranche of stake sale
Sammaan Capital announced on Tuesday that it has become an IHC Group Company following a preferential allotment of equity shares and warrants to the Abu Dhabi-based company. Sammaan Capital received Rs 5,652 crore as part of the initial tranche of the stake acquisition. The non-banking financial company (NBFC) said that IHC, through its affiliate, Avenir…