WestBridge Crossover Fund seeks reclassification to public shareholder category in Aptus Value Housing Finance

Aptus Value Housing Finance India Limited announced today that WestBridge Crossover Fund, LLC, and its associated entities, have requested reclassification from the "Promoter / Promoter Group" category to the "Public" category. This request follows the divestment of all equity shares held by WestBridge Crossover Fund (WCF), Konark Trust, and MMPL Trust in the company.

Prior to the on-market sales on September 4, 2025, WCF held 8,09,11,314 equity shares, representing approximately 16.19% of Aptus Value Housing Finance. Konark Trust and MMPL Trust, part of WCF's promoter group, held an additional 13,12,232 (0.26%) and 62,804 (0.01%) equity shares, respectively. As of the application date, none of these entities hold any shares in the company.

WCF confirmed that it meets all conditions for reclassification under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including not holding more than 10% of voting rights, not exercising control over company affairs, and having no board representation. The company will now proceed with obtaining necessary approvals from the board of directors, stock exchanges, and shareholders.