Plutus Wealth Management LLP Hikes Stake in Sammaan Capital to 8.8% via Open Market

Plutus Wealth Management LLP, along with its PAC Junomoneta Finsol Private Limited, has increased its stake in Sammaan Capital Limited to 8.80% of the total voting capital through open market purchases. The acquisition involved the purchase of 14,46,680 shares, representing 0.17% of Sammaan Capital's equity, between May 20, 2025, and July 11, 2025.

Details of AcquisitionParticularsBefore AcquisitionAfter Acquisition

Acquisition/Sale

Shares carrying voting rights - Acquirer6,45,53,320 (7.78%)6,60,00,000 (7.96%)

14,46,680 (0.17%)Shares carrying voting rights - PAC70,00,000 (0.84%)70,00,000 (0.84%)

0 (0%)Total Shares carrying voting rights (Acquirer + PAC)7,15,53,320 (8.63%)7,30,00,000 (8.80%)

14,46,680 (0.17%)

Details of the AcquisitionPlutus Wealth Management LLP acquired 14,46,680 shares of Sammaan Capital Limited through open market transactions between May 20, 2025 and July 11, 2025. This increased their total holding, along with the PAC, from 7,15,53,320 shares (8.63%) to 7,30,00,000 shares (8.80%) of the voting capital. The voting capital of Sammaan Capital Limited before the acquisition was 82,93,74,234 equity shares and after the acquisition is 90,55,37,574 equity shares.Shareholding PatternPrior to the acquisition, Plutus Wealth Management LLP held 6,45,53,320 shares, representing 7.78% of the total share/voting capital, while Junomoneta Finsol Private Limited held 70,00,000 shares, representing 0.84%. Following the acquisition, Plutus Wealth Management LLP holds 6,60,00,000 shares (7.96%), and Junomoneta Finsol Private Limited continues to hold 70,00,000 shares (0.84%).Disclosure DetailsThe disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The announcement was submitted to both the National Stock Exchange of India Limited and BSE Limited on July 15, 2025.