JM Financial has provided an update regarding the Open Offer made by BCP Asia II Holdco VII Pte. Ltd. to acquire equity shares of Aadhar Housing Finance Limited. As of February 13, 2026, a total of 7,36,706 Equity Shares have been tendered, representing 0.65% of the total Offer Size. These shares were deposited into the designated Escrow Demat Account for validation and subsequent acceptance according to the Letter of Offer.
Update on Aadhar Housing Finance Open Offer
JM Financial Limited, acting as the Manager to the Open Offer, has disclosed the status of shares tendered by Public Shareholders for the acquisition of fully paid-up equity shares of Aadhar Housing Finance Limited (the “Target Company”). The offer is being made by BCP Asia II Holdco VII Pte. Ltd. (“Acquirer”) along with its persons acting in concert (PAC 1 and PAC 2).
Tendered Shares as of February 13, 2026
The key information communicated is the number of shares deposited into the Open Offer Escrow Demat Account as of the cutoff date, 13 February 2026. The total number of Equity Shares tendered by Public Shareholders amounts to 7,36,706. This figure constitutes 0.65% of the total Offer Size.
Escrow Account Details
These tendered shares were lodged in the escrow account named “MIIPL AADHAR HOUSING FINANCE OPEN OFFER ESCROW DEMAT ACCOUNT.” This account is maintained with Ventura Securities Limited, bearing the depository participant identification number IN303116 and client identification number 15663312.
Clarification on Acceptance
It is expressly clarified that this disclosure reflects only the Equity Shares received in dematerialized form. The tendered shares remain subject to validation and verification of the complete submission of all necessary documents. Only those shares deemed “validly tendered” will be accepted in accordance with the Letter of Offer dated 24 January 2026 (“LoF”). Consequently, the final number of shares accepted by the Acquirer in the Open Offer may differ from the number currently tendered.
Source: BSE
