The Competition Commission of India (CCI) has approved the acquisition of a 10.04% shareholding in a housing finance company by a special-purpose vehicle incorporated in an international financial centre. The proposed transaction involves the SPV acquiring the stake on a fully diluted basis from an existing shareholder, as per the regulator’s approval order. Separately, an open offer for equity shares of the housing finance company was launched under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, by the acquirer along with certain affiliated investment entities acting in concert. According to disclosures made to stock exchanges, no equity shares were tendered in the open offer as of February 3, 2026, and no shares were credited to the designated escrow demat account maintained for the offer.
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