Blackstone-backed acquirer triggers open offer for 25.82% stake in Aadhar Housing at Rs 469.97

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

AADHARHFC · price

Loading chart…

▲ 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

-3.0%Reaction day

₹492.00

prior close

₹479.90

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.6%-1.4% vs market

Housing Finance Company peers, median of 17sector-2.0%-1.1% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 1.1 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

-1.8

10m

-1.7

15m

-1.6

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.0-1.6-1.4-2.0-1.1

Next day

-3.1+1.3-4.4-0.2-2.9

-3.9+2.0-5.9+0.6-4.4

-3.9+1.0-4.9-1.0-2.9

-3.7+0.6-4.3-1.0-2.7

-3.1+3.2-6.3-0.6-2.5

-3.9+3.8-7.8-0.2-3.7

15d

-4.4+1.7-6.1-3.0-1.4

-8.1-1.2-7.0-6.2-1.9

-11.2-6.6-4.6-13.5+2.3

+1.4+7.2-5.8-3.5+5.0

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

BCP Asia II Holdco VII (Blackstone affiliate), along with PACs, is making a mandatory open offer to acquire up to 11.35 crore shares (25.82%) of Aadhar Housing Finance from public shareholders at Rs 469.97 per share plus Rs 2.71 interest for payment delay. Triggered by a 25 July 2025 Share Purchase Agreement for change in control and crossing 25% shareholding. RBI, CCI and US SEC approvals received. Tendering period runs 2 to 13 February 2026. Independent directors committee finds the offer fair and reasonable.

Likely market impact

Public shareholders can tender shares from 2 to 13 February 2026 at Rs 469.97 each plus Rs 2.71 delay interest. Independent directors find the price fair and reasonable.