NSEDisclosure under SEBI Takeover Regulations22 Jun 2026 · 22 Jun 2026, 11:40 am
Disclosure under SEBI Takeover Regulations
Aadhar Housing Finance Limited · AADHARHFC
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Aadhar Housing Finance Limited's promoter, BCP Asia II Holdco VII Pte. Ltd., has filed a disclosure under SEBI Takeover Regulations 31(4) for FY 2025-26. The promoter declared that no encumbrance was created on its shares during this period. However, the disclosure also noted that a non-disposal undertaking (NDU) was imposed on its shareholding by the National Housing Bank (NHB) as a condition for change of control approval. This NDU was furnished to NHB on April 7, 2026, replacing a similar undertaking on the erstwhile promoter's shares.
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Growth Catalyst5/10
Governance Concern3/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment6/10
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Full Announcement
Aadhar Housing Finance Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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BCP ASIA II HOLDCO VII PTE. LTD.
Company Registration No.: 202333159Z
(Incorporated in Singapore with limited liability)
Date: 9 April 2026
National Stock Exchange of India BSE Limited, Audit Committee,
Limited, 25th Floor, Phiroze Jeejeebhoy Towers, Board of Directors,
Exchange Plaza, Plot C-1, Block G, Dalal Street, Mumbai - 400 001. Aadhar Housing Finance Limited,
Bandra Kurla Complex, Bandra (E), Security Code: 544176 2nd Floor, No.3, JVT Towers 8th ‘A’
Mumbai – 400 051. Symbol: AADHARHFC Main Road, S.R. Nagar,
Security Code: 544176 Bengaluru – 560 027.
Symbol: AADHARHFC
Dear Sir/Madam,
Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011.
Please find enclosed the declaration as required to be made under Regulation 31(4) of the Securities and Exchange Board
of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
We request you to kindly take the same on record.
Thanking you,
Yours faithfully,
For and on behalfofBCP Asia II Holdco VII Pte. Ltd.)
Authorized Signator))
Name: Sun Yiming
Designation: Director
Date: 9 April 2026
Place: Singapore
DECLARATION UNDER REGULATION 31(4) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA
(SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011
BCP Asia II Holdco VII Pte. Ltd. (“BCP Asia”) (promoter of Aadhar Housing Finance Limited) hereby declares that BCP
Asia along with the following persons acting in concert with it i.e., Blackstone Capital Partners (CYM) IX AIV - F L.P. and
Blackstone Capital Partners Asia II L.P. has not created any encumbrance on the shares of Aadhar Housing Finance Limited
(“Company”) during the financial year 2025 - 2026.
Pursuant to the change of control approval dated 16 January 2026 granted by the National Housing Bank (“NHB”) to the
Company, pursuant to certain refinancing facilities availed by the Company from the NHB and the related documentation,
NHB has imposed a condition that the non-disposal undertaking (“NDU”) existing on the shares of the erstwhile promoter
of the Company (i.e., BCP TopCo VII Pte. Ltd.) shall also be created on the shares of the incoming/current promoter (i.e.,
BCP Asia). As on 31 March 2026, the process for creation of the NDU was underway and, as on the date of this
disclosure (i.e., 9 April 2026), we have furnished an undertaking to the NHB for non-disposal of our shareholding in the
Company dated 7 April 2026.
For and on behalfofBCP Asia II Holdco VII Pte. Ltd.)
Authorized Signator))
Name: Sun Yiming
Designation: Director
Date: 9 April 2026
Place: Singapore