JM Financial, acting as Manager, released the Post-Offer Advertisement for the Aadhar Housing Finance Limited Open Offer. The offer, initiated by BCP Asia II Holdco VII Pte. Ltd. and its concert parties, sought up to 25.82% of the company’s equity. The final results show that only 7,36,706 shares were accepted, representing a minimal 0.17% acceptance rate against the initial offer size. The payment of consideration was completed on February 18, 2026.
Conclusion of Aadhar Housing Finance Open Offer
JM Financial Limited, acting as the Manager to the Offer, has published the Post-Offer Advertisement for the acquisition of fully paid-up equity shares of Aadhar Housing Finance Limited (the “Target Company”). The Open Offer was made by BCP Asia II Holdco VII Pte. Ltd. (the “Acquirer”) along with Blackstone Capital Partners (CYM) IX AIV – F L.P. (PAC 1) and Blackstone Capital Partners Asia II L.P. (PAC 2) (the “PACs”).
Offer Details and Results
The Offer opened on Monday, February 2, 2026, and closed on Friday, February 13, 2026. The payment of consideration was processed on Wednesday, February 18, 2026. The proposed offer was for up to 11,35,25,761 Equity Shares, representing 25.82% of the Expanded Voting Share Capital.
The actual results of the tendering process were significantly lower than the offer size:
- Aggregate number of shares accepted: 7,36,706 shares.
- This represents an acceptance rate of approximately 0.17% of the Expanded Voting Share Capital.
- The total consideration paid for accepted shares amounted to ₹34,82,26,193.
Pre and Post Offer Shareholding
The Acquirer and PACs did not hold any shares prior to the announcement (Nil (0.00%)). Post the final settlement of the offer, their aggregate shareholding stands at 11,35,25,761 shares, representing 25.82% of the Expanded Voting Share Capital.
The shareholding of the Public Shareholders is detailed as follows:
- Pre-Offer: 4,41,39,236 shares, accounting for 10.04% of the Expanded Voting Share Capital.
- Post-Offer: Their shareholding is projected to be 15,69,28,291 shares, accounting for 35.69% of the Expanded Voting Share Capital (this calculation appears to factor in the underlying SPA agreement or other related transactions as detailed in the original documentation).
Public Notice Compliance
This Post Offer Advertisement is issued in compliance with the requirements for public disclosure. The original Detailed Public Statement was published on August 1, 2025, in leading newspapers including The Financial Express, Jansatta, Navshakti, and Vishwavani. This current notice confirming the results was published on February 19, 2026, in the specified editions of these publications.
Source: BSE
