Acquisitions23 Feb 2026, 05:52 pm
Elpro International Ltd Acquires Aptus Value Housing Finance India Ltd for INR 7.89 Crores
AI Summary
Elpro International Ltd has acquired equity shares of Aptus Value Housing Finance India Limited for a cost of INR 7.89 Crores. This acquisition marks Elpro International's entry into the housing finance sector, as Aptus Value Housing Finance primarily caters to the housing finance needs of self-employed individuals from semi-urban and rural markets. Aptus Value Housing Finance reported a revenue of INR 1,750.41 Crores in FY 2024-25. This acquisition does not fall under related party transactions and has been completed at arms-length.
Key Highlights
- Elpro International Ltd acquires Aptus Value Housing Finance India Ltd for INR 7.89 Crores.
- Aptus Value Housing Finance is a housing finance company primarily serving self-employed individuals from semi-urban and rural markets.
- Aptus Value Housing Finance reported a revenue of INR 1,750.41 Crores in FY 2024-25.
- This acquisition does not fall under related party transactions and has been completed at arms-length.
- Elpro International Ltd has entered the housing finance sector through this acquisition.