JM Financial, acting as Manager, reported that 1,956 Equity Shares (0.002% of the Offer Size) were tendered in the Open Offer for Aadhar Housing Finance Limited as of February 11, 2026. These shares were deposited into the Escrow Demat Account managed by Ventura Securities Limited. The disclosure clarifies that these shares are subject to validation and verification under the SEBI (SAST) Regulations before final acceptance by the Acquirer group.
Update on Aadhar Housing Finance Open Offer
JM Financial Limited, in its capacity as the Manager to the Open Offer, issued an update regarding the voluntary Open Offer initiated by BCP Asia II Holdco VII Pte. Ltd. (the Acquirer) for the fully paid-up equity shares of Aadhar Housing Finance Limited (the “Target Company”).
Shares Tendered to Date
As of the close of business on February 11, 2026, the total number of Equity Shares tendered into the Open Offer Escrow Demat Account amounted to 1,956 Equity Shares. This figure represents 0.002% of the total Offer Size, as outlined in the Letter of Offer dated January 24, 2026 (the “LoF”).
These shares were lodged in the escrow account named “MIIPL AADHAR HOUSING FINANCE OPEN OFFER ESCROW DEMAT ACCOUNT,” which is held with Ventura Securities Limited. The depository participant ID is IN303116.
Clarification on Acceptance
It is specifically clarified that the disclosed number reflects only the shares tendered in dematerialized form by Public Shareholders. The reported figure is tentative; the actual number of Equity Shares accepted by the Acquirer will be contingent upon the successful validation and verification of the necessary documentation submitted by the tendering shareholders, in compliance with the SEBI (SAST) Regulations.
Source: BSE
