Elpro International Acquires Equity Stake in Aptus Value Housing Finance for INR 7.89 Crores
Elpro International Acquires Equity Stake in Aptus Value Housing Finance for INR 7.89 Crores is drawing significant interest across the industry.
Elpro International Limited acquired 3,23,758 equity shares in Aptus Value Housing Finance India Limited for INR 7.89 crores through cash consideration as a strategic investment. Aptus Value Housing Finance, a specialized housing finance company incorporated in 2009, serves self-employed individuals from low and middle-income families in semi-urban and rural markets. The company reported consolidated revenue of INR 1,798.40 crores for FY 2024-25, showing consistent growth from INR 1,129.00 crores in FY 2022-23. This represents a fresh acquisition with no previous holding and does not involve any related party transactions.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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