Aptus Value Housing Finance India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 21, 2025
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Aptus Value Housing Finance India Limited has notified the stock exchanges about its 16th AGM scheduled for Thursday, August 21, 2025, at 11:00 AM via video conferencing. Key items on the agenda include adoption of FY25 audited financial statements (standalone and consolidated) and re-appointment of Mr. K.P. Balaraj as a director retiring by rotation. The company is also seeking shareholder approval to appoint M/s. S. Sandeep & Associates as Secretarial Auditors for a five-year term (FY 2025-26 to FY 2029-30), with FY 2025-26 fees set at Rs. 2.5 lakh plus taxes. Importantly, the company proposes raising its overall borrowing limit from Rs. 9,000 crores to Rs. 10,000 crores under Section 180(1)(c), and plans to issue Non-Convertible Debentures (NCDs) up to Rs. 2,250 crores on a private placement basis within 12 months. E-voting window runs from August 18 to August 20, 2025, with the cut-off date set as August 14, 2025.
The borrowing limit hike from Rs. 9,000 cr to Rs. 10,000 cr and the Rs. 2,250 cr NCD private placement plan signal that Aptus is preparing to raise additional debt to fund loan growth and business expansion, which is positive for growth but will also increase leverage. For shareholders, the resolutions are largely routine governance items, though the debt-raising approvals are the most material from a capital structure perspective.