The stock has gained over 8% in a week; however, it has fallen 4% in a month. Sammaan Capital has remained volatile in the near term amid weak market sentiments. The company further informed that the RBI has also approved the appointment of IHC’s nominee, Alwyn Dinesh Crasta, as a director on the company’s board for a term of up to five years. Sammaan Capital will not be permitted to raise public deposits, and Avenir must complete the share transfer within one year, failing which the approval will lapse.
The company, in an exchange filing, announced that the Reserve Bank of India (RBI) gave its approval for Avenir Investment RSC, a subsidiary of IHC, to acquire a 66.65% stake in Sammaan Capital. Based on Hindustan Zinc’s closing price today of ₹727.80 apiece, the proposed transaction is valued at ₹4,885 crore. Mining giant Vedanta today said its duly authorized Committee of Directors has approved the sale of up to 6,70,00,000 equity shares of Hindustan Zinc, representing a 1.59% stake, through an offer-for-sale route.
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The Reserve Bank of India has imposed certain conditions for its approval. However, the deal is subject to approval from the Securities and Exchange Board of India (SEBI). Following the allotment, Avenir is expected to hold around a 41.23% stake, which could rise to 63.36% after the preferential issue and the open offer. Samaan Capital share price opened at ₹144.93 today, as compared to the previous close of ₹138.51 on Tuesday.
Shares of Sammaan Capital jumped 11% in Wednesday’s trading session after the central bank’s nod to Abu Dhabi-based International Holding Company (IHC) for picking a majority stake in the non-banking finance company (NBFC). The strong increase in the white metal’s price is expected to boost company margins, as relatively stable production costs, coupled with higher selling prices, result in increased profits per unit sold. Hindustan Zinc remained higher for the second session on Tuesday, surging another 4% to settle at a record high of ₹727.20, as the rally in silver prices showed no signs of abating. Its products include zinc ore, lead-zinc concentrate, zinc metal, lead metal, cadmium metal, silver metal, and sulphuric acid. The company specialises in the exploration, mining, and smelting of zinc, lead, and other non-ferrous metals. The company had a market value of $744.5 million as of last close on the New York Stock Exchange.
Details of the other buyers of Easy Trip Planners’ shares could not be ascertained on the NSE, according to the news agency. The sharp crash in Easy Trip Planner shares came amid reports that the company’s promoter and co-founder Nishant Pitti will sell off his remaining 14.21 per cent stake in the company via a block deal in Tuesday’s trade. Ease Trip Planners Ltd shares closed 6.92 per cent lower at ₹15.87 after Tuesday’s trading session, compared to ₹17.05 at the previous market close. Your stake india crypto should work for you – stake with confidence, right in the app. From classic card games to modern crash-style games – all risk-free and fun. The developer has not yet indicated which accessibility features this app supports.
Pursuant to the Proposed Transaction, the Investor proposes to invest an aggregate amount of approximately INR 8,849,99,99,794/- (Indian Rupees Eight Thousand Eight Hundred and Forty‑Nine Crore Ninety‑Nine Lakh Ninety‑Nine Thousand Seven Hundred and Ninety‑Four only), by way of preferential issue,” the company said in the exchange filing dated March 24. Additionally, investments in silver—both in physical form and through exchange-traded funds (ETFs)—continue to rise, reflecting growing confidence in the metal’s investment potential. In the international market, spot silver prices strengthened by as much as 8% to a fresh peak of $113 per ounce, contributing to a 56% surge so far in January, after rising 148% in 2025. The record-breaking rally in silver prices, which powered the stock to a 38% surge in 2025, has extended its momentum into early 2026. Hindustan Zinc is a subsidiary of Vedanta Limited, which owns a 61.84% stake in the company as of the December-ending quarter, according to Trendlyne data.
The Trump administration is reportedly seeking the equity stake as it renegotiates the loan terms, raising concerns over the company’s ability to repay the loan due to low lithium prices caused by Chinese overproduction. This transaction took the deal value to ₹38.06 crore, according to the news report. Arunaben Sanjaykumar Bhatiya picked up 2.40 crore shares of Easy Trip Planners at an average price of ₹15.86 per share. After the open market transaction, Pitti’s holding in Easy Trip Planners fell to 12.8 per cent from the earlier level of 14.21 per cent, according to the news report.