Aavas Financiers has received approval for the issuance of up to 20,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 1 lakh each, of the aggregate nominal value of up to Rs 200 crore on a private placement basis.
The Executive Committee of the Board of Directors of the company at their Meeting held on June 18, 2025, approved 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.
