BusinessPhoto: Business StandardSammaan Capital Promoter Raises Stake to 33.32% After Warrant Conversion
Sammaan Capital's promoter, Avenir Investment RSC Ltd, increased its stake from 28.34% to 33.32% by converting warrants into equity shares worth about Rs 906 crore. The Securities Issuance and Investment Committee approved allotment of 8.69 crore shares at Rs 139 each on October 30. Avenir still holds 21.98 crore warrants, potentially raising its stake to 43.28% by September 2027.
Business Standard·



