Aptus Value Housing Finance has received approval from both NSE and BSE for the reclassification of certain promoters and promoter group members to the public shareholder category. The reclassification, effective December 5, 2025, impacts entities including Westbridge Crossover Fund, LLC, JIH II, LLC, Mountain Managers Private Limited, and Sandeep Singhal on behalf of Konark Trust. The reclassification aligns with regulatory criteria.
Promoter Reclassification Approved
Aptus Value Housing Finance India Limited announced that the National Stock Exchange of India (NSE) and BSE Limited have approved the reclassification of certain promoters and promoter group members from the “Promoter/Promoter Group” category to the “Public” category.
Details of Reclassification
The approval, received on December 5, 2025, pertains to the application submitted by the company seeking reclassification of its promoters. The entities approved for reclassification include:
- Westbridge Crossover Fund, LLC
- JIH II, LLC
- Mountain Managers Private Limited on behalf of MMPL Trust
- Sandeep Singhal on behalf of Konark Trust
Impact and Compliance
This reclassification is in line with the criteria specified and approved by both NSE and BSE. The company confirms that the required criteria have been met. As of the announcement, the shareholding percentage of these entities will be reflected as part of the public shareholding.
Source: BSE