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Aavas Financiers informs about grant of stock options allotment of equity shares

30 Jan 2025 Evaluate

Pursuant to Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Aavas Financiers has informed that the Nomination and Remuneration Committee of the Board of Directors at its meeting held on January 30, 2025, has approved: (i) the Allotment of 5,791 equity shares of Rs.10/- each pursuant to exercise of equivalent number of Performance Stock Options under Performance Stock Option Plan-2023. Pursuant to the said allotment, the paid-up share capital of the Company has accordingly increased from Rs. 79,14,37,800 consisting of 7,91,43,780 equity shares having a face value of Rs.10/- each to Rs. 79,14,95,710 consisting of 7,91,49,571 equity shares having a face value of Rs.10/- each. The above allotted shares shall rank with the existing equity shares of the Company and the Company is in the process of completing the other formalities with respect to listing of the said allotted shares. (ii) the Grant of 4,00,000 Stock Option under Performance Stock Option Plan- 2024 (‘PSOP 2024’). The details pursuant to SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexure-1. Date and time of occurrence of event/information: January 30, 2025 and 10:29 am.

The above information is a part of company’s filings submitted to BSE.

Aavas Financiers Share Price

1350.00 2.25 (0.17%)
20-Apr-2026 15:28 View Price Chart
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