Abu Dhabis IHC to pick 43 pc stake in Sammaan Capital for USD 1 bnLast Updated: October 02, 2025, 21:15 ISTRepresentational image (Image: News18)Mumbai, Oct 2 (PTI) Abu Dhabi-based investor Avenir Investment RSC, an affiliate of International Holding Company, has agreed to purchase a 43.46 per cent stake in Sammaan Capital for USD 1 billion, the non-bank lender said on Thursday. The lender, formerly known as Indiabulls Housing Finance, will be raising the capital by issuing preferential shares to Avenir after getting requisite approvals, as per an exchange filing. The deal is expected to fuel the next leg of growth for Sammaan Capital on the back of long-term patient capital, deeper access to low-cost liabilities and an improved credit rating, he said. The Sammaan Capital scrip had closed 5.41 per cent up at Rs 169.55 apiece on the BSE on Wednesday. PTI AA BAL BALFirst Published: October 02, 2025, 21:15 ISTNews agency-feeds Abu Dhabis IHC to pick 43 pc stake in Sammaan Capital for USD 1 bnDisclaimer: Comments reflect users’ views, not News18’s.