Aavas Financiers Limited — Board Meeting, 24-04-2025: Outcome of Board Meeting
24-04-2025 | 05:04 pm
24-04-2025 | 05:04 pm
The Board of Directors of Aavas Financiers Limited has conducted a meeting in which they approved the audited financial results for the quarter and financial year ended March 31, 2025. The company reported a profit of ₹57,410.82 crore for the fiscal year, with a basic earnings per share of ₹72.54. The board also authorized an overall limit of ₹8,500 crore for issuing non-convertible debentures (NCDs) and confirmed the re-appointment of Mr. Sandeep Tandon as the Chairperson for a term ending at the conclusion of the 16th Annual General Meeting. Additionally, M/s. Chandrasekaran Associates was appointed as the secretarial auditor for a five-year term, subject to shareholder approval.
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