Aquilo House Pte. Ltd., along with persons acting in concert (PACs), has announced an open offer to acquire a 26% stake in Aavas Financiers Limited.
Key details of the open offer:
- Acquirer: Aquilo House Pte. Ltd.
- Target Company: Aavas Financiers Limited
- Stake: 26% of the expanded voting share capital
- Number of Shares: 20,739,711 equity shares
- Face Value: INR 10 per share
- Regulatory Framework: Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- Post-Offer Advertisement Date: 22 Mar 25
- Newspaper Publication Date: 24 Mar 25
- Newspapers:
- Financial Express (English, National, All editions)
- Jansatta (Hindi, National, All editions)
- Dainik Navjyoti (Hindi Daily, Jaipur Edition)
- Navshakti (Marathi, Mumbai edition)
The persons acting in concert (PACs) include CVC Capital Partners Asia VI (A) L.P., CVC Capital Partners Investment Asia VI L.P., CVC Capital Partners Asia VI (B) SCSp, Aquilo TopCo Pte. Ltd., Aquilo Universe Pte. Ltd., CV C Capital Partners Asia VI Associates (A) L.P., CVC Capital Partners Asia VI (B) Associates SCSp, Aquilo Co -Investment L.P. and Aquilo Midco Pte. Ltd.