India Home Loan Limited Receives Promoter Reclassification Request

1 min read     Updated on 19 Oct 2025, 02:10 PM
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Overview

Anant Arun Bhalotia, a promoter shareholder of India Home Loans, has requested reclassification from 'Promoter Shareholder' to 'Public Shareholder'. Bhalotia holds no equity shares, has no control over company affairs, and no special rights or board representation. The request cites compliance with SEBI regulations. The Board of Directors will consider this request in an upcoming meeting.

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*this image is generated using AI for illustrative purposes only.

India Home Loans has recently received a formal request from promoter shareholder Anant Arun Bhalotia to reclassify his status from 'Promoter Shareholder' to 'Public Shareholder'. This development comes as part of the company's ongoing corporate governance processes and adherence to SEBI regulations.

Key Details of the Reclassification Request

Mr. Bhalotia's request, dated October 18, 2025, cites several reasons for seeking reclassification:

Aspect Details
Current Shareholding No equity shares held in the company
Control over Company Affairs No direct or indirect control
Special Rights No special rights or informal arrangements
Board Representation No representation or nominee director
Managerial Position Not a key managerial personnel
Financial Status Not a willful defaulter as per RBI guidelines
Legal Status Not a fugitive economic offender

Rationale and Compliance

Mr. Bhalotia emphasized that he has no role in the company's affairs and no pecuniary interest in India Home Loans. He has also committed to complying with the conditions set forth in Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which govern such reclassification requests.

Next Steps

The Board of Directors of India Home Loans is scheduled to consider this reclassification request in their upcoming board meeting. The company has duly informed the BSE Limited about this development, in line with regulatory requirements.

Implications

This reclassification, if approved, could potentially alter the company's shareholding structure and promoter group composition. However, given Mr. Bhalotia's current non-involvement and zero shareholding, the practical impact on the company's operations is likely to be minimal.

Investors and stakeholders of India Home Loans should note that this process is part of normal corporate governance procedures and does not necessarily indicate any significant change in the company's strategic direction or operational management.

The company will provide further updates on this matter following the board's decision, as required by SEBI regulations.

Historical Stock Returns for India Home Loans

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-2.27%+2.30%+5.18%+6.98%-10.14%
India Home Loans
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Skybridge Ventures LLP Acquires 24.50% Stake in India Home Loan Limited

1 min read     Updated on 05 Sept 2025, 10:51 AM
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Reviewed by
Jubin VScanX News Team
Overview

Skybridge Ventures LLP has acquired a 24.50% stake in India Home Loan Limited through an off-market transaction of 34,99,030 shares. The acquisition, which occurred on September 2nd, 2025, marks Skybridge's entry as a significant non-promoter shareholder in the company. The transaction was disclosed under SEBI regulations, with Skybridge filing the necessary disclosures. The total equity share capital of India Home Loan Limited remains unchanged at 1,42,81,755 shares.

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*this image is generated using AI for illustrative purposes only.

In a significant move in the financial sector, Skybridge Ventures LLP has acquired a substantial stake in India Home Loan Limited , a company listed on the BSE Limited. The transaction, which took place on September 2nd, 2025, marks a notable shift in the ownership structure of the housing finance company.

Transaction Details

Skybridge Ventures LLP, a non-promoter entity, acquired 34,99,030 shares of India Home Loan Limited through an off-market transaction. This acquisition represents a 24.50% stake in the company. Prior to this transaction, Skybridge Ventures LLP held no shares in India Home Loan Limited.

Stake and Share Capital

The acquisition has resulted in Skybridge Ventures LLP becoming a significant shareholder in India Home Loan Limited. The total equity share capital of the company remains unchanged at 1,42,81,755 shares following the transaction.

Regulatory Compliance

The transaction was disclosed under the Securities and Exchange Board of India (SEBI) substantial acquisition regulations. Skybridge Ventures LLP filed the necessary disclosures under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

About the Acquirer

Skybridge Ventures LLP, with its registered office at 26, Floor 2nd, Plot 327, Nawab Building, D.N. Road, Hutatma Chowk, Fort, Mumbai 400001, is represented by Devang Master, a Designated Partner with DPIN: 00480608. The company's PAN is AFRFS3159J.

Impact and Outlook

This substantial acquisition by Skybridge Ventures LLP could potentially influence the strategic direction of India Home Loan Limited. As a non-promoter entity acquiring a significant stake, market observers will be keen to see if this leads to any changes in the company's operations or governance structure.

The move highlights the dynamic nature of ownership in listed companies and underscores the importance of regulatory disclosures in maintaining transparency in the stock market. Investors and stakeholders of India Home Loan Limited will likely be watching closely for any further developments resulting from this significant shift in ownership.

Historical Stock Returns for India Home Loans

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-2.27%+2.30%+5.18%+6.98%-10.14%
India Home Loans
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