BlackRock's stake in Sammaan Capital Limited decreased from 3.14% to 1.84%, a reduction of 14,965,472 shares, due to a rights issue by the company. This change in stake was caused by the equity allotment, which diluted BlackRock's percentage holding despite maintaining the same absolute number of shares.
A housing finance company regulated by the National Housing Bank, Sammaan Capital provides comprehensive lending solutions including home loans, loans against property, and corporate mortgage products. Established in 2005, the company also offers lease rental discounting and residential construction finance services to borrowers. It serves customers across India's residential and commercial real estate sectors through its diversified loan portfolio.
World's largest asset manager, headquartered in New York. Manages USD 14 trillion globally. India FPI exposure spans active funds, iShares ETFs and emerging market strategies.
