FilingReader Intelligence

Aavas Financiers allots equity shares under employee stock options

October 6, 2025 at 01:19 PM UTCBy FilingReader AI

AAVAS Financiers Limited has approved the allotment of 5,459 equity shares to employees under its 2016-I and 2019 Employee Stock Option plans. This allotment, with each share having a face value of Rs.10, was resolved by the nomination and remuneration committee on October 6, 2025. Specifically, 4,400 shares were allotted under ESOP 2016-I and 1,059 shares under ESOP 2019, totaling 5,459 new equity shares.

This issuance has led to an increase in the company's paid-up equity capital. The existing paid-up capital of Rs.79,16,13,530, comprising 7,91,61,353 equity shares, has risen to Rs.79,16,68,120, now consisting of 7,91,66,812 equity shares.

The newly allotted shares will rank pari-passu with the existing equity shares of AAVAS Financiers, and the company is in the process of completing all necessary formalities for their listing.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:AAVASBombay Stock Exchange

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