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Sammaan Capital Announces Addendum to Open Offer Documents

Sammaan Capital Limited

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January 17, 2026, 04:51 PM

Sammaan Capital Limited has filed an Addendum cum Corrigendum to its Draft Letter of Offer and Detailed Public Statement related to an open offer. The offer is for up to 34.17 crore equity shares, representing 26% of the company's capital, by Avenir Investment RSC Ltd. The addendum was published on January 15-16, 2026.

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Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) has issued an intimation regarding the submission of an Addendum cum Corrigendum to the Draft Letter of Offer (DLoF) and Detailed Public Statement (DPS). This addendum, dated January 14, 2026, was received from Citigroup Global Markets India Private Limited and pertains to the open offer for the company's public shareholders. The open offer, made by Avenir Investment RSC Ltd along with IHC Capital Holding LLC, aims to acquire up to 34,17,54,286 equity shares, representing 26% of the expanded voting share capital. This is in compliance with the SEBI (SAST) Regulations, 2011. Previously, the company had submitted a public announcement on October 2, 2025, a DPS on October 9, 2025, and a DLoF on October 16, 2025. The Corrigendum was published in the Financial Express, Jansatta, and Navshakti newspapers on January 15 and 16, 2026, respectively.

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