Economic Times · India ·

RBI approves Avenir Investment takeover of Sammaan Capital

→Transaction awaits final regulatory clearance

Mergers & Acquisitions Capital Markets Financial Services
Change
India’s RBI approved Avenir Investment’s acquisition of a controlling stake in Sammaan Capital with an ₹8,850 crore equity infusion.
Why it matters
The deal cannot close until SEBI approval and completion of open-offer requirements, delaying transfer of control.
Implications
  • → Ownership transfer paused — regulatory approval pending
  • → Deal execution depends on SEBI clearance — timing uncertain
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Economic Times
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