Aavas Financiers Limited — Important, 30-01-2025: Updates

The Nomination and Remuneration Committee of Aavas Financiers Limited has approved the allotment of 5,791 equity shares valued at Rs. 10 each, resulting from the exercise of stock options under the Performance Stock Option Plan-2023. Consequently, the company's paid-up share capital has risen from Rs. 79,14,37,800 to Rs. 79,14,95,710. Additionally, the committee granted 4,00,000 stock options under the new Performance Stock Option Plan-2024. These options will vest over four years, with 25% vesting each year following the grant date. Investors should monitor this development closely, as the approved stock options may contribute to employee retention and motivation, potentially enhancing long-term company performance.