
Board Meeting5 May 2026, 05:51 pm
AAVAS Financiers: FY26 Audited Results Approved
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) via private placement, subject to shareholder approval. Mr. Sandeep Tandon was re-appointed as Chairperson. 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 NCD issuance limit approved, subject to shareholder approval.
- Sandeep Tandon re-appointed as Chairperson of the Board.
- AFL Prime Lending Rate decreased by 10 bps effective June 05, 2026.
Price Impact
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