Sammaan Capital shares nosedive after Supreme Court orders CBI probe
Sammaan Capital's stock dropped nearly 9% on Wednesday, landing at ₹166.87, after the Supreme Court told the CBI to file an FIR against the company.
The court also called out the CBI for being too "friendly" and questioned why over 200 corporate governance issues flagged by SEBI were brushed aside by regulators.
Why does this matter?
The Enforcement Directorate (ED) is investigating allegations that loans meant for business were routed back to company promoters, as claimed by a whistleblower NGO.
Now, the Supreme Court wants to see original records from regulators about how these violations were handled.
With agencies disagreeing and new money laundering questions swirling, investors are feeling jittery—leading to a sharp stock slide despite earlier gains in 2025.
What's next?
With investigations heating up and mixed signals from different agencies, all eyes are on Sammaan Capital as the next court hearing is set for December 17.