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Sammaan Capital Shares Plunge 9% After Supreme Court Orders FIR, Scrutinizes Regulators

Banking/Finance

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Published on 19th November 2025, 9:20 AM

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Author

Satyam Jha | Whalesbook News Team

Overview

Sammaan Capital Ltd., formerly Indiabulls Housing Finance, saw its shares drop by up to 9% after the Supreme Court directed the CBI to file an FIR regarding allegations against the company. The apex court also questioned the approach of the CBI, Ministry of Corporate Affairs (MCA), and market regulator SEBI, noting reluctance in investigations. The Enforcement Directorate (ED) assured a joint meeting with other agencies to address the matter.