Comments
The executive committee of the board of directors of Aavas Financiers on Monday approved the allotment of 345 unlisted, secured, rated, redeemable, non-convertible debentures of face value ₹1 crore each, aggregating to ₹345 crore to International Finance Corporation.
The coupon is 8.39 per cent per annum payable half yearly (on March 15 and September 15) each year till maturity. The rating assigned to the instrument is CARE AA- and the redemption/maturity date is September 15, 2024. Shares of Aavas Financiers climbed 1.32 per cent at ₹1,526.25 on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.