National Stock Exchange of India Issues Public Statement on Aadhar Housing Finance Limited Open Offer
The National Stock Exchange of India has issued a detailed public statement regarding an open offer made by BCP Asia II Holdco VII Pte. Ltd., Blackstone Capital Partners (CYM) IX AIV - F L.P., and Blackstone Capital Partners Asia II L.P. to acquire up to 11,35,25,761 fully paid-up equity shares of Aadhar Housing Finance Limited. The open offer represents 25.82% of the expanded voting share capital of the target company and was announced on July 25, 2025. The public statement, dated July 31, 2025, was published in various leading newspapers on August 1, 2025.
Key Takeaways:
- The open offer is made by BCP Asia II Holdco VII Pte. Ltd., Blackstone Capital Partners (CYM) IX AIV - F L.P., and Blackstone Capital Partners Asia II L.P. to acquire up to 11,35,25,761 fully paid-up equity shares of Aadhar Housing Finance Limited, representing 25.82% of the expanded voting share capital.
- The open offer was announced on July 25, 2025, in compliance with Regulations 3(1) and 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- The public statement dated July 31, 2025, was published in various leading newspapers on August 1, 2025, including The Financial Express, Jansatta, Vishwavani, and Navshakti.
- The acquisition is subject to the provisions of the SEBI (SAST) Regulations and the terms and conditions of the open offer.
- JM Financial Limited acted as the Manager to the Open Offer, facilitating the announcement and publication of the relevant documents.
Statistics:
- 11,35,25,761: The number of fully paid-up equity shares offered for acquisition by the acquirers.
- 25.82%: The proportion of the expanded voting share capital of Aadhar Housing Finance Limited that the open offer represents.
- 3.1.2025: The date of the public announcement of the open offer.
- July 31, 2025: The date of the detailed public statement issued by the National Stock Exchange of India.
- August 1, 2025: The date of publication of the public statement in various leading newspapers.
Sources:
- National Stock Exchange of India - Corporate Announcement dated July 31, 2025, published on nseindia.com
- Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended from time to time.