Aadhar Housing Finance Limited (AHFL), a major player in the affordable housing segment in India, has passed a major milestone in its corporate restructuring process as relates to the regulation. On January 14, 2026, the Reserve Bank of India (RBI) formally approved certain acquisition transactions that the company had initially initiated in July 2025. It is a result of a succession of regulatory reviews and will restructure the ownership of the housing finance company and further integrate it with global investment giant Blackstone.

Rbi communication marks and scope

The communication of the RBI signifies the achievement of one of the most crucial levels of the approval procedure to be made in major alterations in the shareholding of financial institutions. The approval is specifically related to the transactions with BCP Asia II Holdco VII Pte. Ltd. and other Blackstone affiliates. This action strengthens the trust of the regulatory agencies in the company’s working framework and the business vision of the key investors.

The amount of the approved transaction is quite considerable, and a large range of equity shares is being purchased. The RBI approval, as per the regulatory filings, covers share buyback to purchase up to 28,20,52,121 shares of equity. Moreover, it is a purchase of an additional 4,41,39,236 shares by AXDI LDII SPV 1 LTD. These numbers highlight the colossal size of the secondary acquisition and the consequent concentration of shares by the Blackstone-dominated parties.

The Competition Commission of India (CCI) had already given its approval to the proposed combination in November 2025, thus leading to this RBI clearance. The previous review conducted by the CCI was on the takeover of not less than 80.15% of the shareholding of Aadhar Housing Finance by BCP Asia II Holdco VII Pte. Ltd. via a secondary purchase and a compulsory open offer to shareholders to the public. The major regulatory obstacles to the change in control and shareholding have effectively been overcome, with both the CCI and RBI now providing clearance of the transaction.

Operations and involvement of Blackstone-affiliated funds

Aadhar Housing Finance is a crucial sector player in the Indian housing system, and it specializes in offering home loans and property loans to low-income and middle-income people. Its business is not limited only to lending because it is also a composite corporate agent of different insurance products. Its ownership structure is also set to make its operations even more capital stable and best practices across the globe, with the successful regulatory transition of the ownership structure.

The Blackstone-related funds’ interest is a sign of long-term investment in the affordable housing business in India. The acquirer now has the green light to proceed to the last stage of the transaction, which involves the fulfillment of the requirements of the open offer and the finalization of the share transfer. This shift is when the firm has been registering a strong performance, such as a high growth in its Assets Under Management (AUM) and stable profitability.

Conclusion

Aadhar Housing Finance has had its acquisition transactions approved by the RBI is a conclusive indication that the company is a company that has stringent financial and governance standards. The regulator has facilitated a shift that might result in increased technological integration and expanded market reach by the housing financier since it has opened the door to the fully owned positions of Blackstone. With the last technicalities of the shares purchase arrangements settled, Aadhar Housing Finance will be in the next round of expansion, guided by the institutional capabilities of one of the biggest investment firms in the world.