ALPHA TRIBE

Aavas Financiers LimitedBoard Meeting, 07-01-2025: Outcome of Board Meeting

07-01-2025 | 12:48 pm

The Executive Committee of the Board of Directors has approved the issuance of up to 20,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, totaling an aggregate nominal value of up to ₹200 Crore. This issuance will occur via private placement. Key specifics regarding the NCDs, including interest payment schedules and maturity terms, will be outlined in the Key Information Document. The decision reflects a strategic move to enhance liquidity and financing capabilities for the company's operations.

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