Sammaan Capital’s shares crash over 13%

Mumbai: Sammaan Capital’s share price fell sharply on Wednesday, dropping nearly 13.5 per cent after the Supreme Court strongly criticised multiple investigative agencies for what it described as a “friendly approach” in the ongoing probe involving the company.

The court questioned the Central Bureau of Investigation (CBI), the Ministry of Corporate Affairs (MCA), and the Securities and Exchange Board of India (SEBI) for being slow and inconsistent in their actions, despite the seriousness of the allegations.

The Supreme Court said it was concerned about the pace of the investigation and noted that the agencies did not seem eager to move forward.