BCP Asia II Holdco VII Pte. Ltd., a key promoter of Aadhar Housing Finance Limited, has formally entered into a non-disposal undertaking regarding its equity stake. As of April 7, 2026, the promoter has committed to maintaining its shareholding above 26% of the company’s total capital. This measure serves as security in connection with financial assistance provided to the company by the National Housing Bank (NHB) for refinance assistance.
Details of the Shareholding Commitment
BCP Asia, which currently holds 282,788,827 equity shares—representing 65.19% of the total share capital of Aadhar Housing Finance—has restricted its ability to transfer, pledge, or encumber its shares. This undertaking ensures that the promoter group will continue to hold a significant stake of at least 26% for as long as any monies remain outstanding to the National Housing Bank (NHB).
Purpose of the Financial Arrangement
The non-disposal undertaking was executed on April 7, 2026, to facilitate the grant of financial assistance from the NHB. These funds are designated for refinancing housing loans that have been or will be granted by Aadhar Housing Finance to its constituents. By securing this commitment, the company strengthens its financial backing and aligns its capital structure with the requirements of the lending institution.
Strategic Significance
The value of the promoter’s shareholding covered under this arrangement is estimated at Rs. 128,739,613,491, based on the volume-weighted average price of Rs. 455.25 per share recorded on the date of the agreement. This action underscores the promoter’s commitment to the long-term financial stability of the housing finance entity and ensures the continuity of its lending operations.
Source: BSE