The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for WestBridge Crossover Fund, LLC

Promoter sold over 1%Ownership Changes View source PDF Explain this filing

APTUS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹307.95

prior close

₹305.80

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.7%-1.0% vs market

Housing Finance Company peers, median of 17sector+0.7%-1.0% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Smallcap 250 and 1.0 pts less than its Housing Finance Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

+0.1

15m

-0.2

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.7-1.0+0.7-1.0

Next day

+2.6+1.3+1.3+2.3+0.3

+7.0+2.7+4.3+2.9+4.0

+7.2+2.8+4.4+3.5+3.7

+5.2+2.7+2.5+3.1+2.1

+4.2+1.3+2.9+1.9+2.2

+4.4+1.4+3.1+0.9+3.6

15d

+4.6+2.6+2.1+3.1+1.5

+6.4+3.9+2.5+2.6+3.8

+11.4-0.5+11.9+0.3+11.1

+10.2-0.9+11.1-4.0+14.2

UpDownMarket · Nifty Smallcap 250Sector · Housing Finance Company peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

WestBridge Crossover Fund, LLC, along with promoter group entities Konark Trust and MMPL Trust, sold 6,73,92,039 equity shares (about 13.48% of total share capital) of Aptus Value Housing Finance India via an on-market sale on June 3, 2025. WestBridge's individual holding dropped from 29.50% to 16.19%, while total promoter group holding came down from 30% to 16.46%. The filing confirms the seller is classified as part of the Promoter/Promoter Group despite WestBridge being a Mauritius-based foreign fund. No encumbrance (pledge/lien) was created or invoked as part of this transaction.

Likely market impact

This is a large promoter-group divestment that significantly reduces skin-in-the-game and may create supply pressure on the stock in the near term. Post-sale promoter holding of 16.46% means the company has low promoter shareholding, which could be a sentiment negative for some investors looking for strong promoter alignment.