Aavas Financiers Limited — Others, 30-06-2025: Change in Director(s)
30-06-2025 | 07:27 pm
30-06-2025 | 07:27 pm
Aavas Financiers has announced a board meeting on June 30, 2025, where it recorded the completion of Aquilo House Pte. Ltd.'s acquisition of 2.09 crore equity shares from existing promoters Lake District Holdings Limited (LDHL), Partners Group ESCL Limited (PGEL), and Partners Group Private Equity (PGPE). Consequently, the Sellers ceased to be promoters, and Aquilo House became the new promoter. The Board accepted the resignations of five Non-Executive Nominee Directors representing the Sellers due to this stake sale and appointed five new Non-Executive Nominee Directors nominated by Aquilo House. These changes mark a significant shift in the company’s promoter group and leadership oversight.
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