Avenir Investment Rsc Ltd.
Case brief
What is this about?
The Competition Commission of India approved a proposed combination where Avenir Investment acquires up to 74.44% of Sammaan Capital Limited. The Commission found the parties hold insignificant market shares and no appreciable adverse effect on competition is likely.
What did the court decide?
Approval of the proposed combination under Section 31(1) of the Competition Act, 2002.
What the court decided
COMPETITION COMMISSION OF INDIA
Combination Registration No. C-2025/10/1340
09th December 2025
Notice under Section 6(2) of the Competition Act, 2002 given by Avenir Investment RSC Ltd.
CORAM:
Ms. Ravneet Kaur Chairperson Mr. Anil Agrawal Member Ms. Sweta Kakkad Member
Mr. Deepak Anurag Member
Order under Section 31(1) of the Competition Act, 2002
- On 27th October 2025, the Competition Commission of India ( Commission ) received a notice ( Notice ) under sub-section (2) of Section 6 of the Competition Act, 2002 ( Act ) given by Avenir Investment RSC Ltd. ( Avenir/Acquirer ).
- The Notice was filed pursuant to the Share Subscription Agreement dated 2nd October 2025, executed between the Acquirer and Sammaan Capital Limited ( SCL/Target ) [hereinafter, the Acquirer and the Target are collectively referred to as ‘Parties’ ].
Issues for consideration
2 issues framed by the court
Whether the proposed combination between Acquirer and Target is likely to cause appreciable adverse effect on competition in India.
Whether the Commission should approve the combination under Section 31(1) of the Act.
Parties & counsel
- applicant
Avenir Investment RSC Ltd.
- other
Sammaan Capital Limited
- other
Competition Commission of India
Coram
Case details
As recorded by the court registry
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