Abu Dhabi-based International Holding Company (IHC) is set to acquire a 41.5% stake in Sammaan Capital for ₹8,850 crore, in one of the largest recent foreign investments in India’s financial services sector.
The deal will be executed through IHC’s affiliate Avenir Investment, with the company already infusing an initial ₹5,652 crore, while the remaining amount will be invested over time through share warrants.
Following the transaction, IHC will become the promoter of Sammaan Capital, with plans to increase its stake to over 63% via an open offer to public shareholders.
This strategic investment is expected to significantly strengthen Sammaan Capital’s financial position and enable it to expand beyond its traditional mortgage business into a diversified lending platform, including MSME, personal, and business loans.
The deal also marks IHC’s deeper push into India’s fast-growing financial services sector, with Sammaan Capital becoming part of its broader global platform, enhancing access to capital, technology, and international funding networks.
Overall, the acquisition is seen as a major step in transforming Sammaan Capital into a large, well-capitalised NBFC, while strengthening cross-border investment ties between India and the UAE.
