Westbridge Capital Trims Aptus Value Housing Finance Stake by 5%

22 May 2024 CW Team

Westbridge Capital, a prominent investment firm, has reduced its stake in Aptus Value Housing Finance by 5%. This strategic move is part of Westbridge's portfolio management strategy to rebalance its investments in the housing finance sector.

The reduction in stake reflects Westbridge Capital's ongoing evaluation of its investment portfolio and the desire to reallocate resources effectively. Despite the decrease in ownership percentage, Westbridge remains committed to its investment in Aptus Value Housing Finance, indicating confidence in the company's long-term prospects and operational capabilities.

Aptus Value Housing Finance specialises in providing affordable housing finance solutions, catering primarily to low and middle-income segments. The adjustment in Westbridge's stake highlights dynamic investment strategies aimed at optimising returns and aligning with market conditions in the housing finance industry.

As Westbridge Capital continues to navigate market dynamics, the decision to reduce stake in Aptus Value Housing Finance underscores prudent portfolio management practices. The transaction is expected to have minimal operational impact on Aptus, maintaining continuity in its business operations and strategic initiatives.

Moving forward, stakeholders will monitor developments closely as Westbridge Capital explores further opportunities in the financial services sector while maintaining a strategic investment presence in Aptus Value Housing Finance.

Real Estate

15 Oct 2025

Radisson To Open Eight New Hotels In Uttar Pradesh

International hospitality major Radisson Group has announced plans to open eight new hotels across Uttar Pradesh, reflecting the state’s growing tourism potential. Speaking at the inauguration of the group’s five-star property, Radisson Prayagraj, Yogendra Agnihotri, Senior Regional Director (Operations), South Asia, said the move aligns with the rapid rise in both domestic and international visitor numbers. He noted that the group witnessed remarkable demand during the last Maha Kumbh Mela and is preparing to launch a mid-segment hotel under its Park Inn brand next year to cater to the ..

UP Limits EV Incentives To Locally Made And Registered Vehicles

In a push to strengthen its electric vehicle (EV) ecosystem, the Uttar Pradesh government has decided to restrict EV incentives exclusively to vehicles that are both manufactured and registered within the state, effective from 14 October. The move is part of the amended UP Electric Vehicle Manufacturing Policy 2022, designed to promote ‘Made in UP’ vehicles, generate local employment, and attract investment in both greenfield and brownfield EV plants. The revised policy will remain in force until 13 October 2027. Under the updated framework, incentives will only apply to EVs produced, so..

Tarmat-JKG JV Wins Rs 2.48 Billion Chennai Airport Contract

Infrastructure firm Tarmat, in joint venture with JKG, has been awarded a contract worth Rs 2.48 billion by the Airports Authority of India (AAI) for extensive airside development at Chennai International Airport. The project scope includes the construction of eight new rapid exit taxiways (RETs) for Runway 07-25 and three additional RETs for Runway 12-30. It also involves the extension of the Parallel Taxi Track-R, associated link taxi-track works, and the development of Link Taxi-Track-K1. This large-scale expansion aims to improve aircraft movement efficiency, reduce runway occupancy time..