Aadhar Housing Finance Limited is set to witness a significant corporate development as BCP Asia II Holdco VII Pte. Ltd. has announced an open offer to acquire a substantial stake in the housing finance company.

Open Offer Details

The Singapore-based entity has made a formal announcement regarding its intention to purchase shares of Aadhar Housing Finance through an open offer mechanism. The offer presents an opportunity for existing shareholders to tender their shares at a predetermined price.

Strategic Implications

The open offer represents a significant corporate action that could reshape the ownership structure of Aadhar Housing Finance. With BCP Asia II Holdco VII seeking to acquire over 11 crore shares, the transaction demonstrates substantial institutional confidence in the housing finance sector.

The offer price of ₹469.97 per share will serve as a reference point for shareholders considering whether to participate in the open offer. The acquisition of 25.82% voting share capital would establish BCP Asia II Holdco VII as a major stakeholder in the company.

Market Context

Open offers typically occur when an acquirer seeks to gain significant control or influence over a target company. The structured approach through an open offer ensures transparency and provides equal opportunity for all shareholders to participate in the transaction at the specified price.

Aadhar Housing Finance Limited has successfully completed the full redemption of its Non-Convertible Debentures (NCDs) worth ₹200.00 crore upon maturity, demonstrating strong financial discipline in meeting its debt obligations. The company also made timely interest payments, reinforcing its commitment to investor interests.

NCD Redemption Details

The housing finance company completed the full redemption of its NCDs ahead of schedule, making the payment on January 23, 2026, instead of the due date of January 25, 2026. The early payment was necessitated as the original due date fell on a Sunday, with January 24, 2026, being the fourth Saturday.

Interest Payment Compliance

Alongside the principal redemption, Aadhar Housing Finance Limited made the final interest payment of ₹1.81 crore on the same date. The interest payment was made post-deduction of Tax Deducted at Source (TDS) at 10.00%, amounting to ₹84.50 lakh.

Regulatory Compliance

The certification was issued under Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Circular dated July 11, 2025. The company confirmed that no delays or non-payments occurred during the tenure of these debentures.

The NCDs were issued on a private placement basis and were listed on the stock exchange. With this redemption, the company has completely discharged its obligations under this particular debenture issue, with no remaining outstanding amounts.