Aavas Financiers Limited — QIP/Rights/Pref., 25-03-2025: Allotment of Securities

Aavas Financiers has announced a board meeting to address the allotment of 3,719 equity shares of Rs. 10 each, following the exercise of stock options under its Performance Stock Option Plan-2023. Consequently, the paid-up share capital increases from Rs. 79.15 cr to Rs. 79.15 cr, with the number of shares rising to 7,91,53,665. This change may enhance employee motivation and align interests with shareholders, potentially boosting investor sentiment positively as the company continues to engage in share-based incentives.