Aavas Financiers: Open offer receives 356,338 shares

JM Financial Limited, acting as the manager for the open offer to acquire Aavas Financiers Limited (BSE: AAVAS), disclosed that 356,338 equity shares have been tendered. These shares represent approximately 1.72% of the total offer size. The open offer seeks to acquire 20,739,711 equity shares, representing 26% of the expanded voting share capital, by Aquilo House Pte. Ltd. along with other parties acting in concert. The shares were tendered into the Open Offer Escrow Demat Account. The final acceptance of tendered shares remains subject to validation, verification of documentation, and compliance with SEBI regulations.