CCI approves the acquisition of certain shareholding of Sammaan Capital Limited (SCL/Target) by Avenir Investment RSC Ltd. (Avenir/Acquirer)

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....CI approves the acquisition of certain shareholding of Sammaan Capital Limited (SCL/Target) by Avenir Investment RSC Ltd. (Avenir/Acquirer)<BR>News and Press Release<BR>Dated:- 10-12-2025<BR><BR>The Competition Commission of India has approved the acquisition of certain shareholding of Sammaan Capital Limited (SCL/Target) by Avenir Investment RSC Ltd. (Avenir/Acquirer). The 'Proposed Combination'....

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.... involves the acquisition of certain shareholding in the Target by the Acquirer. The Acquirer is a special purpose vehicle incorporated for the purpose of the Proposed Combination. It belongs to the IHC group. International Holding Company PJSC (IHC) is a public shareholding company incorporated in Abu Dhabi. It manages a portfolio of domestic and foreign investments in various sectors, including....

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.... but not limited to finance, healthcare, real estate, renewable energy, manufacturing and retail and leisure. The Target is registered with RBI as a non-deposit taking non-banking financial company - investment and credit company (upper layer) which provides services such as retail loans to individuals for construction, purchase, or renovation of residential or commercial property; wholesale loan....

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....s to corporates for construction of residential or commercial projects; loans to individuals, medium, small, and micro enterprises (MSMEs), and corporates for business purposes; lease rental discounting facilities; as well as investments, financing, asset management services, distribution of insurance products and such other lending or allied financial activities. It is also engaged in the busines....

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....s of lending/investments directly/indirectly through different structures including the purchase and sale of loans, investments, and properties. Detailed order of the Commission will follow.*<BR> News - Press release - PIB....