WestBridge trims stake in Aptus Housing Finance, sells shares worth...

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WestBridge trims stake in Aptus Housing Finance, sells shares worth Rs 1,906 crore

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WestBridge Capital divested a 12.4% stake in Aptus Value Housing Finance for Rs 1,906 crore through an open market transaction via WestBridge Crossover Fund LLC. The sale reduced WestBridge Capital’s holding to 16.19%. SBI Mutual Fund, Axis Mutual Fund, Morgan Stanley Asia Singapore, and Eastbridge Group collectively acquired a 3.35% stake for Rs 514.64 crore. Aptus Value Housing Finance shares closed 9.

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