Sammaan Capital , formerly known as Indiabulls Housing Finance Limited, has seen its shares gain significant momentum in recent trading sessions. The stock has rallied 25% over six consecutive trading days, with a notable 5% increase on Wednesday alone. This surge comes amidst several key developments for the company.

Board Meeting to Consider Fund Raising

The company's board is scheduled to meet on Thursday to consider fund raising proposals. These proposals may involve equity securities or other convertible instruments, signaling potential growth plans for Sammaan Capital.

Institutional Buying Boosts Confidence

A major catalyst for the stock's recent performance was the bulk purchase by ICICI Prudential Mutual Fund. The fund acquired 42 lakh shares at ₹151.95 per share in bulk deals on Monday, demonstrating institutional confidence in the company's prospects.

Leadership Changes

Sammaan Capital has appointed Himanshu Mody as the deputy CEO, effective September 4. This leadership addition could bring new perspectives and strategies to the company's operations.

Ambitious Growth Projections

The company has set ambitious targets for its assets under management (AUM):

Strategic Focus on Portfolio Quality

Sammaan Capital aims to improve its portfolio quality by reducing its legacy book contribution:

Financial Outlook

The management anticipates stabilizing credit costs:

Stock Performance

• September marked the stock's best monthly performance with 29% gains since August 2023.
• Shares closed at ₹168.55, up 4.8% in the latest trading session.
• The stock remains under F&O ban restrictions.

Trading Window Closure

As per the latest LODR filing dated September 30, 2025, Sammaan Capital has announced the closure of its trading window for insiders. The window will remain closed until 48 hours after the declaration of un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. This standard practice ensures fair trading and prevents insider trading during sensitive financial periods.

Investors and market participants will be closely watching Sammaan Capital's upcoming board meeting and subsequent announcements regarding fund raising plans, which could further impact the stock's performance in the near term.

Sammaan Capital , formerly known as Indiabulls Housing Finance Limited, has seen a significant increase in stake by Plutus Wealth Management LLP. The firm acquired 2.66 crore shares, representing a 3.2% stake in the company, through a series of open market transactions.

Stake Acquisition Details

The recent acquisition has increased Plutus Wealth Management's total holding in Sammaan Capital to 4.84 crore shares, accounting for 5.84% of the company's voting capital. This substantial increase in ownership underscores the firm's growing interest in Sammaan Capital.

Concert Party and Total Holding

Plutus Wealth Management is acting in concert with Junomoneta Finsol Private Limited, which holds an additional 0.58% of Sammaan Capital's shares. Together, their combined stake in the company stands at 6.42%, representing a significant minority interest.

Non-Promoter Status

Despite the sizeable stake, Plutus Wealth Management does not belong to the promoter group of Sammaan Capital. This distinction is crucial for understanding the nature of the investment and its potential implications for the company's governance structure.

Company Overview

Sammaan Capital operates in the financial services sector. The company has a total voting capital of 82,93,74,234 equity shares, as disclosed in the regulatory filings.

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, Plutus Wealth Management has filed the necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This transparency ensures that all stakeholders are informed about significant changes in the company's ownership structure.

Market Implications

Significant investments by institutional investors often signal confidence in a company's prospects. Market analysts will likely be watching closely to see if this move by Plutus Wealth Management leads to any changes in Sammaan Capital's strategic direction or performance.