Aavas Financiers Limited — Board Meeting, 16-04-2025: Outcome of Board Meeting

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), each with a face value of ₹1,00,000, totaling up to ₹200 Cr. These NCDs will be issued on a private placement basis, with an aggregate nominal value of ₹100 Cr for each of the two proposed series. The NCDs are intended to be listed on the WDM segment of BSE Limited and will carry a tenor of 60 months from the deemed date of allotment.