Board Meeting5 May 2026, 04:51 pm
AAVAS Financiers Approves FY26 Audited Results, ₹9,000 Cr NCD Limit
AI Summary
AAVAS Financiers Ltd's board approved the audited financial results for the quarter and financial year ended March 31, 2026. They also approved an overall limit of ₹9,000 crore for issuing Non-convertible Debentures (NCDs) through private placement, subject to shareholder approval. Mr. Sandeep Tandon was re-appointed as Chairperson, and the AFL Prime Lending Rate (PLR) was decreased by 10 basis points, effective June 05, 2026. The board meeting concluded at 04:24 P.M.
Key Highlights
- Audited financial results for FY26 approved by the board.
- ₹9,000 crore limit set for NCD issuance via private placement.
- Sandeep Tandon re-appointed as Chairperson of the Board.
- AFL Prime Lending Rate (PLR) decreased by 10 bps effective June 05, 2026.
- Joint Statutory Auditors submitted unmodified opinion on financial results.
Price Impact
More from AAVAS