CCI approves Aadhar Housing Finance acquisition by Blackstone affiliates

Aadhar Housing Finance Limited announced on November 8, 2025, that the Competition Commission of India (CCI) has approved its proposed acquisition. This approval follows previous intimations regarding an open offer and share purchase agreements.

The transaction involves BCP Asia II Holdco VII Pte. Ltd. ("Acquirer"), along with Blackstone Capital Partners (CYM) IX AIV - F L.P. and Blackstone Capital Partners Asia II L.P., acquiring equity shares of Aadhar Housing Finance. The Acquirer previously agreed to acquire up to 28,20,52,121 equity shares from BCP Topco VII Pte. Ltd., the promoter. Additionally, AXDI LDII SPV 1 LTD has agreed to acquire 44,139,236 equity shares.

This approval was granted under Section 31 (1) of the Competition Act, 2002. A detailed order from the CCI is pending.