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Aavas Financiers LimitedOthers, 15-02-2025: Copy of Newspaper Publication

15-02-2025 | 05:40 pm

Aavas Financiers Limited's Committee of Independent Directors (IDC) has issued a statement regarding an open offer by Aquilo House Pte. Ltd. and associated parties to acquire up to 2,07,39,711 fully paid-up equity shares at INR 1,766.69 per share, plus applicable interest. The offer represents 26% of the company's expanded voting share capital. The IDC has reviewed the offer and concluded, based on an external valuation report, that the terms are fair from a financial perspective. Shareholders are encouraged to evaluate the offer independently and make informed decisions, indicating a neutral impact on investor sentiment.

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