AAVAS Financiers Ltd - 541988 - Announcement under Regulation 30 (LODR)-Issue of Securities
Pursuant to the provisions of Regulation 30 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations) we wish to inform you that the Executive Committee of the Board of Directors of the Company at their meeting held today i.e. June 28, 2023 has pursuant to the authority entrusted by the Board of Directors and within the limits as approved by the Members of the Company vide Special Resolution passed at the 12th Annual General Meeting held on July 21, 2022 Inter-alia approved the issuance of rated, listed, senior, secured,redeemable, non-convertible debentures ("NCDs") having a face value of INR 1,00,000 (Indian Rupees One Lakh) each, aggregating up to an amount of INR 150.00 crore (Indian Rupees One Hundred and fifty crore) on a Private Placement basis, in accordance with the provisions of Companies Act, 2013, SEBI LODR Regulations, SEBI(Issue and listing of Non- Convertible Securities) Regulations, 2021 and other applicable regulations.28-06-2023
