Shares of Sammaan Capital came under sharp selling pressure on December 17, slipping nearly 7% from the day’s high, after fresh legal developments emerged in connection with a probe involving the company’s erstwhile promoters.
According to a CNBC-TV18 report, the Delhi Police’s Economic Offences Wing (EoW) has registered a fresh FIR as part of its ongoing investigation linked to the former promoters of the non-banking financial company. The development triggered immediate caution among investors, leading to profit-booking and heightened volatility in the stock during the session.
Adding to the uncertainty, the Supreme Court on December 17 directed the Central Bureau of Investigation (CBI) to take a final call on registering an FIR within one week in the same matter. As per the report, the apex court has asked the CBI to collect and examine documents from the Ministry of Corporate Affairs (MCA), SEBI, and the Enforcement Directorate (ED) before arriving at a decision on whether a formal FIR should be lodged.
The Supreme Court is scheduled to hear the matter again in the second week of January 2026, keeping the legal overhang firmly in focus for market participants.
The combination of a fresh FIR by Delhi Police and the Supreme Court’s directions to the CBI has introduced regulatory and legal uncertainty, which weighed on investor sentiment. As a result, Sammaan Capital shares erased intraday gains and traded sharply lower, reflecting concerns over potential implications from the ongoing investigations.
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