ALPHA TRIBE

Aavas Financiers LimitedOthers, 06-02-2025: Copy of Newspaper Publication

06-02-2025 | 04:03 pm

Aavas Financiers has published a Joint Public Notice detailing Aquilo House Pte. Ltd.'s planned acquisition of 2,09,49,112 equity shares, amounting to 26.47% of the company’s paid-up capital, from existing promoters. This move follows the Reserve Bank of India’s approval, paving the way for a change in management and a reconstitution of the board. The new acquirer aims to enhance corporate governance and operational efficiency through its extensive network. Investors may view this transaction as a positive outlook, given the strong backing and expertise that Aquilo brings to enhance business scalability.

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