Sammaan Capital shares soar 8% after RBI approves acquisition by Abu Dhabi's IHC

Sammaan Capital share price surged 8% as RBI greenlit a significant 66.65% stake acquisition by Abu Dhabi's Avenir Investment RSC. This deal, involving an Rs 8,850 crore preferential issue, marks a major Middle Eastern investment in India's financial sector. However, the RBI imposed conditions, including a ban on public deposit raising, with SEBI's final nod pending.