Aptus Value Housing Finance India Limited
American Funds (Capital Group) decreased its stake in Aptus Value Housing Finance India Limited from 3.45% to 2.74% by selling 3,590,699 shares. The value of shares sold is ₹91.31 crore, at an average price of ₹254.35 per share.
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.