Sammaan Capital classified International Holding Company PJSC as its new promoter following the completion of its open offer and acquisition of control on May 15, 2026.
The Board appointed Mr. Alwyn Dinesh Crasta as an Additional Non-Executive Non-Independent Director for a five-year term, effective immediately.
IHC's investment provides transformational benefits including capital depth, operational expertise, improved credit ratings, and enhanced corporate governance standards.
The classification and appointment are formalized under SEBI Listing Regulations following RBI approval received on March 24, 2026.