Aavas Financiers Allots ₹200 Cr Non-Convertible Debentures

Aavas Financiers Limited has successfully allotted 20,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures (NCDs) aggregating to ₹200 crore. The allotment was approved by the Executive Committee of the Board of Directors via circular resolution on July 30, 2026. The NCDs have a face value of ₹1,00,000 each and a tenor of 3 years, maturing on July 30, 2029. The issue includes an anchor portion of ₹60 crore and a non-anchor portion of ₹140 crore, with a coupon rate of 7.80% per annum payable annually. The company received a total settlement amount of ₹2,00,22,40,000, including a premium of ₹22,40,000.