Archive · 3 Oct 2025
Financial News: Investments, GST Notice, and Rights Issue
Several financial news items happened.
Avenir Investment is buying a big part of Sammaan Capital for $1 billion.
RBL Bank received a notice for unpaid taxes.
Utkarsh Bank is planning to raise money through a rights issue.
Two Edelweiss companies settled a case by paying a fine.
Angel One appointed a new chief information security officer to improve cybersecurity.
Avenir Investment RSC, an IHC affiliate, will purchase a 43.46% stake in Sammaan Capital for $1 billion.
Utkarsh Small Finance Bank is filing for a ₹950 crore rights issue.
RBL Bank received a show-cause notice for ₹92 crore from the Mumbai Assistant Commissioner of State Tax.
Two Edelweiss entities settled a case with SEBI for alleged rule violations, paying ₹61.4 lakh.
Angel One Limited appointed a new Group Chief Information Security Officer (GCISO).
- Who
- Avenir Investment RSC, Sammaan Capital, Utkarsh Small Finance Bank, RBL Bank, Edelweiss entities
- What
- Several financial transactions and regulatory actions.
- When
- October 3, 2025
- Where
- India
- Why
- Business growth, regulatory compliance, and strategic investments.
- Investor
- Avenir Investment RSC (affiliate of IHC)
- Target
- Sammaan Capital
- Investment Amount
- $1 billion
- Stake Acquired
- 43.46%
- RBL Bank GST Demand
- ₹92 crore
- Edelweiss Settlement
- ₹61.4 lakh settlement charges
- Utkarsh Bank Rights Issue
- ₹950 crore
Sources
IHC to acquire 41.2% stake in Sammaan Capital
IHC makes its biggest splash yet in India's financial sector with ₹8,850 crore Sammaan Capital deal
IHC of Abu Dhabi buys 41.2% in Sammaan Capital for Rs 8,850 crore
Sammaan Capital shares, still in F&O ban, will react to IHC acquisition news
