The Reserve Bank of India (RBI) has approved the acquisition of Aadhar Housing Finance Limited by Blackstone Capital Partners and other associated entities. This follows the public announcement made on July 25, 2025, regarding an open offer to public shareholders. The transaction involves the acquisition of equity shares from BCP Topco VII Pte. Ltd. and AXDI LDII SPV 1 LTD.
Acquisition Approved by RBI
Aadhar Housing Finance Limited has received approval from the Reserve Bank of India (RBI) for the previously announced acquisition transaction. The approval was communicated via a letter dated January 14, 2026.
Details of the Acquisition
The acquisition involves Blackstone Capital Partners (CYM) IX AIV – F L.P. and Blackstone Capital Partners Asia II L.P. acquiring equity shares of Aadhar Housing Finance Limited. This follows an open offer to public shareholders initially announced on July 25, 2025.
Share Purchase Agreements
The acquisition includes shares acquired from BCP Topco VII Pte. Ltd., the promoter of Aadhar Housing Finance Limited. According to the agreement, the Acquirer will obtain up to 28,20,52,121 equity shares from the Seller.
Additionally, AXDI LDII SPV 1 LTD is set to acquire 44,139,236 equity shares of the Target Company, based on the share purchase agreement dated July 29, 2025.
CCI Approval
The Competition Commission of India (CCI) had previously approved the transaction on November 8, 2025.
Source: BSE