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Aquilo House becomes new promoter of Aavas Financiers with 48.96% stakeThe acquisition includes 1,78,08,116 equity shares (22.50% of the company’s equity) tendered under the open offer announced on August 10, 2024, and completed on March 22, 2025. Shares of Aavas Financiers Ltd ended at ₹2,091.30, up by ₹99.40, or 4.99%, on the BSE.By Jomy Jos Pullokaran   June 30, 2025, 11:00:39 PM IST (Published)1 Min ReadHousing finance company Aavas Financiers Limited on Monday (June 30) announced that Aquilo House Pte. Limited has become its new promoter, following the acquisition of a 48.96% stake through a combination of an open offer and multiple share purchase agreements.

The acquisition includes 1,78,08,116 equity shares (22.50% of the company’s equity) tendered under the open offer announced on August 10, 2024, and completed on March 22, 2025.

In addition, Aquilo House acquired 1,23,46,641 shares from Lake District Holdings Ltd (LDHL), 59,78,718 shares from Partners Group ESCL Ltd (PGEL), and 26,23,753 shares from Partners Group Private Equity (Master Fund), LLC (PGPE), under definitive agreements executed in August 2024.

Also Read: Aavas Financiers to raise ₹200 crore via private placement of NCDs

Following the completion of these transactions, Aquilo House now holds 3,87,57,228 equity shares in Aavas Financiers, representing 48.96% of the total equity share capital.

The company also confirmed that the outgoing shareholders, previously part of the promoter group, have sought reclassification to the public category, as disclosed in the February 2025 letter of offer issued in connection with the open offer.

Shares of Aavas Financiers Ltd ended at ₹2,091.30, up by ₹99.40, or 4.99%, on the BSE.

Also Read: Aavas Financiers crosses ₹20,000 crore AUM milestoneContinue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsAavas Financiersshare market today