Aptus Value Housing Finance India Limited
American Funds (Capital Group) sold 99,29,799 shares of Aptus Value Housing Finance for ₹196.39 crore at ₹197.78 per share through an open market transaction, decreasing its stake from 5.45% to 3.45%.
A housing finance company that provides home loans to self-employed individuals and low to middle-income families across semi-urban and rural areas of India. Aptus Value Housing Finance specializes in lending to first-time home buyers, with loans secured against self-occupied residential properties. The company addresses housing finance gaps in underserved markets where conventional lenders have limited presence, targeting borrowers seeking affordable homeownership solutions.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.