Sammaan Capital Limited Schedules Conference Call on May 20, 2026 to Discuss Q4 & FY26 Financial Results

1 min read     Updated on 17 May 2026, 07:53 PM
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Sammaan Capital Limited has scheduled a conference call on May 20, 2026, at 5:00 PM IST for analysts and investors to discuss its Q4 and FY26 financial results for the quarter and financial year ended March 31, 2026. The Board of Directors is also set to meet on the same date to consider and approve the Audited Standalone and Consolidated Financial Results. Key participants include MD & CEO Mr. Gagan Banga and Non-Executive Director Mr. Alwyn Crasta, among other senior management. The audio recording and transcript of the call will be made available on the company's website following the event.

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Sammaan Capital Limited (formerly known as Indiabulls Housing Finance Limited) has announced a conference call for analysts and investors on Wednesday, May 20, 2026, at 5:00 PM IST, to discuss its financial results for the quarter and financial year ended March 31, 2026. The announcement was made via an exchange filing dated May 17, 2026. This follows the company's earlier intimation dated May 14, 2026, regarding a Board of Directors meeting scheduled on the same date to consider and approve the Audited Standalone and Consolidated Financial Results.

Conference Call Schedule

The call will be accessible to participants across multiple time zones. The following table outlines the scheduled timings by region:

Region: Time
India 05:00 PM
New York 07:30 AM
Singapore & Hong Kong 07:30 PM
UK 12:30 PM

Key Participants

Sammaan Capital's senior management and associated group participants confirmed for the call include:

  • Mr. Gagan Banga — MD & CEO, Sammaan Capital Limited
  • Mr. Alwyn Crasta — Non-Executive Director, Sammaan Capital Limited & Group CFO, IHC
  • H.E. Dalia Khorshid — CEO, Avalora Holding
  • Other senior management colleagues

Dial-In Details

Participants may join the conference call using the following dial-in numbers:

Region: Dial-In Number
Universal Dial In (India) +91 22 6280 1229 / +91 22 7115 8865
Hong Kong (International Toll Free) 800964448
Singapore (International Toll Free) 8001012045
UK (International Toll Free) 08081011573
USA (International Toll Free) 18667462133

Participants are encouraged to pre-register via the Diamond Pass link to avoid wait times on the day of the call.

Post-Call Availability

Sammaan Capital has stated that the audio recording and transcript of the conference call will be made available on the company's website in due course. The filing was signed by Amit Kumar Jain, Company Secretary, and was also copied to India International Exchange IFSC Limited (India INX) and NSE IFSC Limited (NSE IX).

Historical Stock Returns for Sammaan Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-2.01%-6.04%-10.64%-20.63%+11.11%-16.44%

How has Sammaan Capital's loan book growth and asset quality trended in FY2026 compared to its peers in the housing finance sector?

What strategic initiatives might MD & CEO Gagan Banga outline to accelerate Sammaan Capital's transition away from its Indiabulls Housing Finance legacy and strengthen its market positioning?

Given the involvement of IHC's Group CFO and Avalora Holding's CEO in the call, what deeper capital restructuring or international expansion plans could Sammaan Capital be signaling?

Sammaan Capital Welcomes IHC as Promoter in INR 8,850 Crore NBFC FDI Deal

5 min read     Updated on 15 May 2026, 11:14 AM
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Sammaan Capital has formally classified Avenir Investment RSC Ltd, owned by IHC, as its promoter following the completion of the mandatory open offer on May 14, 2026. IHC's total investment is set to aggregate INR 8,850 Crore upon full warrant conversion, representing one of the largest FDIs in the Indian NBFC sector, with IHC currently holding 28.41% equity and expected to reach 41.24% on a fully diluted basis. The Board also appointed Mr. Alwyn Dinesh Crasta, Group CFO of IHC, as an Additional Non-Executive Non-Independent Director for a five-year term effective May 15, 2026.

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Sammaan Capital Limited has formally entered a new era of ownership following the completion of International Holding Company PJSC's (IHC) investment and mandatory open offer. At a Board meeting held on May 15, 2026, the company classified Avenir Investment RSC Ltd — owned and controlled by IHC — as its promoter and controlling shareholder, and approved the appointment of a new Promoter Nominee Director to the Board. The total investment by IHC is set to aggregate to INR 8,850 Crore upon full exercise and conversion of Subscription Warrants, making it one of the largest foreign direct investments and equity infusions in the Indian NBFC sector.

IHC Becomes Promoter Following Open Offer Completion

The mandatory open offer, conducted in accordance with Regulation 3(1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was completed on May 14, 2026. Consequently, Avenir Investment RSC Ltd acquired control of Sammaan Capital and was classified as its promoter with effect from May 15, 2026, in accordance with the share subscription agreement executed between the company and the Investor on October 2, 2025. IHC is described as one of the world's largest listed investment companies, with a market capitalisation of approximately USD 232 billion and total assets of USD 117 billion, and a presence across 100+ countries. India is noted as one of IHC's top two global strategic markets, with Sammaan Capital serving as the anchor of Avalora Holdings — IHC's dedicated international financial services platform — reflecting IHC's long-term commitment to India and to Sammaan Capital as its flagship Indian financial services investment.

Investment Structure and Shareholding Details

Pursuant to the preferential issue approved by shareholders and regulatory authorities, IHC has infused an aggregate amount of INR 5,652.75 Crore towards subscription to Equity Shares and Subscription Warrants of the Company. The following table summarises the key components of the investment structure:

Parameter: Details
Total Investment (on full conversion): INR 8,850 Crore
Amount Already Infused: INR 5,652.75 Crore
Upfront Warrant Payment (25%): INR 1,065.75 Crore
Total Subscription Warrants Value: INR 4,263 Crore
Balance Payable on Exercise (75%): INR 3,197.25 Crore
Warrant Exercise Deadline: On or before September 30, 2027
Current IHC Equity Stake: 28.41%
Expected Stake (Fully Diluted): 41.24%

Out of the total amount infused, INR 1,065.75 Crore — representing 25% of the aggregate consideration payable towards Subscription Warrants aggregating to INR 4,263 Crore — has been received upfront in accordance with the applicable provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The balance amount of INR 3,197.25 Crore, being the remaining 75% consideration towards the Subscription Warrants, shall be payable at the time of exercise and conversion of the Subscription Warrants into Equity Shares. The Subscription Warrants are required to be exercised within a period of 18 months from the date of allotment, i.e., on or before September 30, 2027. Following completion of the preferential allotment and the open offer, IHC currently holds 28.41% of the equity share capital of the Company, which is expected to increase to 41.24% on a fully diluted basis upon full exercise and conversion of the Subscription Warrants.

Strategic Benefits of IHC Association

The company outlined five key areas where the IHC association is expected to deliver value:

  • Capital depth and credibility: IHC's scale provides financial backing, and the company has already received rating upgrades from two rating agencies, with others slated to review ratings.
  • Operational expertise: Sammaan Capital's teams are engaged with subject matter experts from across the IHC Group in areas including IT, AI, risk management, credit, and finance.
  • Brand and market perception: Shared branding as an IHC Group Company, combined with improved ratings, is expected to result in compression in borrowing rates.
  • Corporate governance: IHC's investment is expected to further strengthen the company's commitment to the highest standards of corporate governance and institutional best practices.
  • Technology and AI ecosystem: IHC's diversified technology ecosystem with artificial intelligence capabilities is expected to support innovation, operational efficiencies, and long-term strategic growth.

New Director Appointed to the Board

The Board also approved the appointment of Mr. Alwyn Dinesh Crasta (DIN: 06993693) as an Additional Non-Executive Non-Independent Director, effective May 15, 2026, subject to shareholder approval. The appointment follows a recommendation by the Nomination and Remuneration Committee and approval from the Reserve Bank of India vide its letter dated March 24, 2026. The following table summarises the key details of the appointment:

Parameter: Details
Name: Mr. Alwyn Dinesh Crasta (DIN: 06993693)
Designation: Additional Non-Executive Non-Independent Director
Effective Date: May 15, 2026
Term: 5 (five) years
Retirement: Liable to retire by rotation
RBI Approval Date: March 24, 2026
Relationship with Other Directors: Not related to any Director of the Company
Debarment Status: Not debarred by SEBI or any other authority

Mr. Crasta is a highly experienced financial executive with more than 25 years of experience across supply chain, agriculture, financial services, fast moving consumer goods, and investment sectors. He has served as Group CFO at International Holding Company (PJSC), Abu Dhabi, since March 2018, overseeing financial operations and investments across a diverse portfolio, and is actively involved in directing new investments, governance, and complex mergers and acquisitions.

Regulatory Disclosures

The intimations were made pursuant to Regulations 30 and 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This development is further to a series of prior intimations dated October 2, 2025, October 29, 2025, November 7, 2025, December 10, 2025, March 24, 2026, March 27, 2026, and March 31, 2026, with respect to the acquisition of controlling stake in the company by Avenir Investment RSC Ltd. The communication was signed by Amit Kumar Jain, Company Secretary, on May 15, 2026.

Historical Stock Returns for Sammaan Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-2.01%-6.04%-10.64%-20.63%+11.11%-16.44%

How might IHC's full exercise of subscription warrants by September 2027 impact Sammaan Capital's stock price and existing minority shareholders' dilution concerns?

Which other Indian financial services companies could IHC target for acquisition as it expands its Avalora Holdings platform beyond Sammaan Capital?

Will the anticipated compression in borrowing rates from improved credit ratings enable Sammaan Capital to aggressively compete with traditional banks in the home loan segment?

More News on Sammaan Capital

1 Year Returns:+11.11%