Aavas Financiers is planning to raise funds through issuance of Non-convertible Debentures (NCDs), bonds, and/ or other debt securities etc. on private placement basis, in one or more tranches/issuances/series as per business requirement of the Company, in terms of applicable provisions of the Companies Act, 2013 and other applicable laws. The Board of Directors of the Company is scheduled to be held on May 05, 2022 to consider the same.
Aavas Financiers is a retail, affordable housing finance company, primarily serving low and middle income self-employed customers in semi-urban and rural areas in India.