Aavas Financiers Limited has made a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding the allotment of equity shares through employee stock option plans.
Key Quantitative Figures
The company has allotted 4,301 equity shares of ₹10 each through the following scheme breakdown:
- PSOP-2023: 799 equity shares
- PSOP-2024: 3,502 equity shares
- Total: 4,301 equity shares
Capital Structure Impact
The allotment has resulted in an increase in the company's paid-up equity share capital:
- Existing paid-up capital: ₹79,29,00,260 consisting of 7,92,90,026 equity shares of ₹10 each
- New paid-up capital: ₹79,29,43,270 consisting of 7,92,94,327 equity shares of ₹10 each
- Increase: 4,301 shares representing a capital increase of ₹43,010
Approval and Timing
The allotment was approved by the Nomination and Remuneration Committee of the Board of Directors via circular resolution passed on August 20, 2026. The date and time of occurrence of the event is August 20, 2026 at 5:08 PM.
Share Characteristics and Next Steps
The newly allotted shares shall rank pari-passu with the existing equity shares of the company. The company is in the process of completing other formalities with respect to listing of the allotted shares.
Additional Information
The disclosure was signed by Saurabh Sharma, Company Secretary and Compliance Officer (ACS-60350), and will be made available on the company's website at www.aavas.in.