Shareholding10 April 2026 at 05:20 am
Aadhar Housing Promoter Encumbers 65.19% Stake for NHB Refinance
AI Summary
Aadhar Housing Finance's promoter, BCP Asia II Holdco VII Pte. Ltd., has created an encumbrance on its entire 65.19% shareholding, totaling 282,788,827 equity shares. This involves a non-disposal undertaking to the National Housing Bank (NHB), effective April 7, 2026. Under this agreement, BCP Asia will not transfer or encumber its shares such that its holding falls below 26% of the total share capital without NHB's prior written permission. This undertaking acts as consideration for refinance assistance availed by Aadhar Housing Finance from NHB for its housing loan operations.
Key Highlights
- Promoter BCP Asia encumbered 65.19% stake in Aadhar Housing Finance.
- Non-disposal undertaking given to National Housing Bank (NHB).
- Promoter's holding cannot fall below 26% without NHB's consent.
- This secures refinance assistance from NHB for housing loans.
- The encumbrance covers 282,788,827 equity shares.