RBI approved Avenir Investment RSC Ltd's proposed acquisition of controlling stake in Sammaan Capital Limited on March 24, 2026.
Investor to infuse ~₹8,850 crore via preferential issue, acquiring ~41.23% equity; post Open Offer stake rises to ~63.36%.
SEBI approval remains the only pending regulatory clearance; company is in active engagement for expeditious receipt.
RBI also approved indirect change of control of wholly owned subsidiary Sammaan Finserve Limited and waived the public notice period.