Aavas Financiers Limited — Board Meeting, 18-06-2025: Outcome of Board Meeting

Aavas Financiers has announced a board meeting to approve a private placement of Senior Secured Rated NCDs worth Rs 200 Cr, with a face value of Rs 1 lakh each. These debentures will carry a 60-month tenor with quarterly interest payouts and principal repayments spread over 20 equal quarterly installments starting from allotment. The NCDs will be listed on BSE, secured by a first-ranking charge on receivables of the company. No defaults or delays in interest or principal payments have been reported. This move strengthens Aavas’s borrowing profile while maintaining debt servicing discipline.