Elpro International Limited has acquired equity shares in Aptus Value Housing Finance India Limited for INR 7.89 crores, marking a strategic investment in the housing finance sector. The company disclosed this acquisition under Regulation 30 of the SEBI Listing Regulations on February 23, 2026.

Acquisition Details

The transaction involves the purchase of 3,23,758 equity shares through cash consideration, representing a fresh acquisition with no previous holding in Aptus Value Housing Finance.

About Aptus Value Housing Finance

Aptus Value Housing Finance India Limited operates as a specialized housing finance company, incorporated on December 11, 2009. The company focuses on addressing the housing finance needs of self-employed individuals belonging to low and middle-income families, primarily in semi-urban and rural markets.

Financial Performance Overview

Aptus Value Housing Finance has demonstrated consistent growth in its consolidated turnover over the past three financial years:

Transaction Structure

The acquisition does not fall within related party transactions, and the promoter/promoter group/group companies have no interest in the entity being acquired. The transaction represents Elpro International's diversification into the housing finance industry, which operates outside its main line of business.

Key transaction characteristics include:

• No governmental or regulatory approvals required
• Arms-length transaction with no related party involvement
• Strategic investment in India's housing finance sector
• Target company maintains presence exclusively in India

Strategic Implications

This acquisition allows Elpro International to gain exposure to India's growing housing finance market through Aptus Value Housing Finance, which has established a strong presence in serving underbanked segments of the population. The target company's focus on semi-urban and rural markets aligns with the expanding financial inclusion initiatives in India's housing sector.

Elpro International has made a strategic investment by acquiring a ₹39.18 crore stake in Sundrop Brands, marking a significant step in the company's expansion into the FMCG food business sector. This acquisition represents a notable diversification initiative as the company seeks to broaden its operational portfolio.

Strategic Investment Details

The investment demonstrates Elpro International's commitment to entering the competitive FMCG food market through its partnership with Sundrop Brands. The acquisition is positioned as a growth-oriented move that will enable the company to establish a foothold in the food business segment.

Business Expansion Strategy

This acquisition aligns with Elpro International's diversification strategy, allowing the company to venture into new market segments. The FMCG food sector represents a significant growth opportunity, and the partnership with Sundrop Brands provides the company with an established platform to develop its presence in this market.

Market Implications

The investment reflects the company's confidence in the FMCG food business potential and its willingness to commit substantial resources to this new venture. This strategic move positions Elpro International to capitalize on opportunities within the food business sector while expanding its overall business operations beyond its traditional focus areas.