Archive · 2 Oct 2025

IHC to Invest $1 Billion in India's Sammaan Capital

IHC to Invest $1 Billion in India's Sammaan Capital

IHC, an investment company from Abu Dhabi, plans to invest $1 billion in Sammaan Capital, a mortgage lending company in India.

IHC will acquire about 43.5% of Sammaan Capital and make a mandatory offer to shareholders.

Sammaan Capital, formerly known as Indiabulls Housing Finance, operates through 220 branches.

IHC believes in India's financial sector and will support Sammaan Capital's growth.

This investment aims to improve financial inclusion and support India's economic growth.

Sources