
Aadhar Housing Finance: Promoter and Members of Promoter Group Reclassified to Public Category
Aadhar Housing Finance Ltd. has announced the reclassification of its promoter and members of the promoter group to the public category. This reclassification follows the acquisition of equity shares by BCP Asia Il Holdco VII Pte. Ltd., Blackstone Capital Partners (CYM) IXAIV - F L.P., and Blackstone Capital Partners Asia Il L.P. pursuant to an open offer and two share purchase agreements. The existing promoters, BCP Topco VIl Pte. Ltd., BCP Asia (SG) Holdings Co. Pte. Ltd., and Singapore VIl Holding Co. Pte. Ltd., will cease to be in control of the company and will be reclassified as public from February 26, 2026. Post the transactions, the Acquirer, BCP Topco VIl Pte. Ltd., holds 65.07% of the total paid-up equity share capital of the company.
Key Highlights
- Aadhar Housing Finance promoter and members of promoter group reclassified to public category.
- BCP Asia Il Holdco VII Pte. Ltd., Blackstone Capital Partners (CYM) IXAIV - F L.P., and Blackstone Capital Partners Asia Il L.P. acquire equity shares pursuant to an open offer and two share purchase agreements.
- Existing promoters, BCP Topco VIl Pte. Ltd., BCP Asia (SG) Holdings Co. Pte. Ltd., and Singapore VIl Holding Co. Pte. Ltd., cease to be in control of the company.
- Acquirer, BCP Topco VIl Pte. Ltd., holds 65.07% of the total paid-up equity share capital of the company post the transactions.