Aavas Financiers Limited has informed the Exchange regarding allotment of 5039 securities pursuant to ESOP/ESPS at its meeting held on May 26, 2026
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Aavas Financiers has allotted 5,039 equity shares of Rs.10 each to employees who exercised their stock options. Of these, 1,223 shares were allotted under the PSOP-2023 scheme and 3,816 shares under the PSOP-2024 scheme. Following the allotment, the company's paid-up equity share capital has increased from Rs.79.28 crore to Rs.79.29 crore, with total shares rising to 7,92,87,782. The newly allotted shares will rank equally with existing equity shares and are in the process of being listed.
This is a routine corporate action with minimal direct impact on shareholders. The dilution effect is negligible at 0.006% of total shares. Existing shareholders' ownership will be slightly diluted, though the impact is immaterial.