Aavas Financiers informs about issuance of NCDs.

Aavas Financiers informed that a meeting of Executive Committee of the Board of Directors of the Company will be held on September 18, 2024, inter-alia, to consider and approve the proposal for issuance of Non-convertible Debentures (NCDs) on private placement basis in compliance with applicable rules and regulations. The above issuance shall be within the existing borrowing limits under section 180(1)(c) of the Companies Act, 2013, as approved by the Members of the Company in its AGM held on August 07, 2024.The above information is a part of company's filings submitted to BSE. [Extracted from the article]