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Aavas Financiers Expands Share Capital with New Equity Allotment

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Aavas Financiers Expands Share Capital with New Equity Allotment

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Aavas Financiers Ltd. ( (IN:AAVAS) ) has shared an announcement.

Aavas Financiers Ltd. has announced the allotment of 12,699 equity shares under its Performance Stock Option Plan – 2023, following approval by the Nomination and Remuneration Committee. This allotment has resulted in an increase in the company’s paid-up share capital, reflecting a strategic move to enhance shareholder value and potentially strengthen its market position.

More about Aavas Financiers Ltd.

Aavas Financiers Ltd. operates in the financial services industry, primarily focusing on providing housing finance solutions. The company is known for its tailored loan products aimed at serving the housing needs of low and middle-income customers in India.

Average Trading Volume: 29,569

Technical Sentiment Signal: Sell

Current Market Cap: 129.4B INR

See more data about AAVAS stock on TipRanks’ Stock Analysis page.

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