Shares Bazaar

Sammaan Capital informs about open offer

Sammaan Capital has informed regarding Open offer for acquisition of up to 34,17,54,286 Equity Shares of face value of INR 2 each, representing 26.05% of the Expanded Voting Share Capital of Sammaan Capital (Target Company) by Avenir Investment RSC Ltd (Acquirer) together with IHC Capital Holding LLC (PAC) in its capacity as a person acting in concert with the Acquirer in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (SEBI (SAST) Regulations) from the Public Shareholders (Open Offer or Offer).

The above information is a part of company’s filings submitted to BSE.