BNP Paribas increased its stake in Sammaan Capital Limited from 1.31% to 1.85%, acquiring 6,316,102 shares through a rights issue. Sammaan Capital has issued rights shares previously, with the last issuance on February 1, 2024, at ₹150 per share (including a premium of ₹148).
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.
French global bank with around EUR 2.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
