Aavas Financiers board approves Rs360cr private placement issue of RDBs

10 Feb 2022 , 09:24 AM

Aavas Financiers Ltd has informed that the Executive Committee of the Board of Directors of the Company at their Meeting held on February 09, 2022 has the issuance of senior, listed, unsecured Rupee Denominated Bonds (“RDBs” or “Notes”) under the External Commercial Borrowing route having a face value of Rs1cr each, aggregating to an amount of up to Rs360cr on a Private Placement basis.

On Thursday early morning at around 9:22 AM, AAVAS Financiers was trading at Rs2,994.15 per share up by Rs1.3 or 0.04% against previous closing of Rs2,992.85 per share on the BSE.

 The current market cap of the company is Rs23,623.13cr.