Aadhar Housing Finance Limited — Board Meeting, 06-02-2025: Outcome of Board Meeting

Aadhar Housing Finance Ltd has announced a board meeting where it has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Key highlights include a significant increase in assets under management to ₹23,976 crore, reflecting a 21% year-over-year growth. Profit after tax (PAT) rose by 22% to ₹667 crore for the nine-month period. The board also revalidated its borrowing limits of ₹2,000 crore for issuing Non-convertible Debentures (NCDs) and granted 100,000 employee stock options under the existing ESOP plan. This strategic move enhances the company’s capability to expand and serve a growing customer base.