JM Financial Limited has disclosed the provisional status of the Open Offer for Aadhar Housing Finance Limited shares. As of February 12, 2026, a total of 2,27,004 Equity Shares, representing 0.20% of the total Offer Size, have been tendered by Public Shareholders. These shares were deposited into the designated Open Offer Escrow Demat Account held with Ventura Securities Limited, pending validation.
Open Offer Status Update for Aadhar Housing Finance
JM Financial Limited, acting as the Manager to the Open Offer, has issued a formal update regarding the acquisition of fully paid-up equity shares of Aadhar Housing Finance Limited (the “Target Company”). The Open Offer is being made by BCP Asia II Holdco VII Pte. Ltd. (“Acquirer”) along with the Persons Acting in Concert (PACs).
Tendered Shares as of February 12, 2026
The filing confirms that up till the specified date of 12 February 2026, a preliminary count shows that 2,27,004 Equity Shares have been tendered into the Open Offer Escrow Demat Account. This quantum represents 0.20% of the stipulated Offer Size.
The shares were lodged in the “MIIPL AADHAR HOUSING FINANCE OPEN OFFER ESCROW DEMAT ACCOUNT” maintained with Ventura Securities Limited. It is explicitly clarified that this disclosure reflects only the shares received in dematerialized form.
Validation and Final Acceptance
The disclosed number of tendered shares is subject to the necessary validation and verification process required for the submission of all applicable documents. The shares ultimately considered “validly tendered” will be accepted in strict accordance with the terms outlined in the Letter of Offer (LoF) dated 24 January 2026. Consequently, the final number of Equity Shares accepted by the Acquirer may differ from this preliminary tender count.
Source: BSE
