Sammaan Capital announces new promoter IHC with USD 1 billion investment and board control
Press Release / Media Release
Promoter change and investment
- New promoter is IHC, now controls the board.
- IHC commits to invest USD 1 billion in Sammaan Capital.
Regulatory status and PIL update
- Sammaan Capital not an accused; Supreme Court asks CBI to examine FIR.
- CBI investigations focus on Yes Bank and IHFL promoters; SCL not under investigation.
- Regulators including MCA, NHB, SEBI, RBI, EOW found no wrongdoing.
- SCL ceased promoter relations in 2023; no connection since.