Aavas Financiers Executes ₹284.37 Crore NSE Block Trade at ₹1,447.80 Per Share

1 min read     Updated on 14 Jan 2026, 09:58 AM
scanx
Reviewed by
Radhika SScanX News Team
Overview

Aavas Financiers Limited executed a significant NSE block trade worth ₹284.37 crores, involving 1,964,150 shares at ₹1,447.80 per share. The substantial transaction reflects institutional activity in the housing finance company's stock and demonstrates continued investor participation in the mid-cap financial services sector.

29910520

*this image is generated using AI for illustrative purposes only.

Aavas Financiers Limited recorded a major block trade transaction on the National Stock Exchange (NSE), marking significant institutional activity in the housing finance sector. The large-scale transaction demonstrates continued investor interest in the mid-cap financial services company.

Transaction Details

The block trade involved substantial volume and value, reflecting institutional participation in the stock. The following table summarizes the key parameters of the transaction:

Parameter: Details
Number of Shares: 1,964,150 shares
Price per Share: ₹1,447.80
Total Transaction Value: ₹284.37 crores
Exchange: National Stock Exchange (NSE)

Block Trade Significance

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other significant market participants. These transactions are conducted through special trading sessions to minimize market impact and provide efficient price discovery for large volumes. The execution of such a substantial block trade indicates active institutional participation in Aavas Financiers' stock.

The transaction value of ₹284.37 crores represents a considerable sum in the housing finance sector, highlighting the scale of institutional interest. Block trades often serve as indicators of institutional sentiment and can reflect portfolio rebalancing activities or strategic investment decisions by large investors.

Market Context

The housing finance sector has been witnessing varied institutional activity, with investors closely monitoring companies' performance and growth prospects. Block trades in this sector often attract attention from market participants as they can provide insights into institutional positioning and confidence levels in specific companies within the financial services space.

Historical Stock Returns for Aavas Financiers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%-0.98%-7.72%-27.93%-11.55%-27.23%
Aavas Financiers
View in Depthredirect
like18
dislike

AAVAS Financiers Completes Postal Ballot for Rohit Ranjan's Director Appointment

2 min read     Updated on 07 Jan 2026, 02:49 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

AAVAS Financiers Limited successfully completed its postal ballot process for appointing Mr. Rohit Ranjan as Non-Executive Non-Independent Director, receiving overwhelming shareholder support with 98.26% votes in favor. The e-voting process concluded on January 06, 2026, with scrutinizer Mr. Shashikant Tiwari confirming regulatory compliance and requisite majority approval.

29323190

*this image is generated using AI for illustrative purposes only.

Aavas Financiers Limited has successfully completed its postal ballot process, with shareholders approving the appointment of Mr. Rohit Ranjan as Non-Executive Non-Independent Director. The resolution was passed on January 06, 2026, through remote e-voting with requisite majority support, as confirmed by the scrutinizer's report dated January 07, 2026.

Voting Results and Participation

The postal ballot witnessed strong shareholder participation across all categories. The voting results demonstrate overwhelming support for the proposed appointment:

Category: Total Shares Votes Polled Participation (%) Votes in Favor Votes Against Approval Rate (%)
Promoter and Promoter Group: 38,757,228 38,757,228 100.00 38,757,228 0 100.00
Public Institutions: 31,585,451 28,028,369 88.74 26,850,439 1,177,930 95.80
Public Non-Institutions: 8,836,832 807,769 9.14 806,462 1,307 99.84
Total: 79,179,511 67,593,366 85.37 66,414,129 1,179,237 98.26

A total of 344 members participated in the voting process, with 309 members voting in favor and 35 members voting against the resolution. Notably, 5 members holding 367,776 equity shares exercised partial votes both in favor and against the resolution.

Director Appointment Details

Mr. Rohit Ranjan (DIN: 00003480) was initially appointed as an Additional Director by the Board of Directors with effect from October 15, 2025. The postal ballot sought shareholder approval for his appointment as Non-Executive Non-Independent Director for a term of 5 years, with his office being liable to retire by rotation.

Parameter: Details
Director Name: Mr. Rohit Ranjan
DIN: 00003480
Position: Non-Executive Non-Independent Director
Initial Appointment Date: October 15, 2025
Term Duration: 5 years
Retirement Provision: Liable to retire by rotation

Scrutinizer's Report and Process

Mr. Shashikant Tiwari, Partner of M/s. Chandrasekaran & Associates (Membership No. F11919), served as the scrutinizer for the postal ballot process. The scrutinizer's report was submitted on January 07, 2026, confirming that the resolution was passed with requisite majority as an Ordinary Resolution.

Process Detail: Information
Scrutinizer: Mr. Shashikant Tiwari
Firm: M/s. Chandrasekaran & Associates
Membership No.: F11919
Report Date: January 07, 2026
E-voting Agency: National Securities Depository Limited (NSDL)

Voting Process and Timeline

The postal ballot process was conducted entirely through remote e-voting, following regulatory guidelines. Key dates and procedural details include:

  • Record Date: November 28, 2025
  • Postal Ballot Notice Date: December 01, 2025
  • Notice Dispatch Completion: December 04, 2025
  • E-voting Period: December 08, 2025 (9:00 AM) to January 06, 2026 (5:00 PM)
  • Result Declaration: January 07, 2026

The company engaged National Securities Depository Limited (NSDL) as the agency to provide e-voting facilities. Newspaper advertisements were published on December 05, 2025, in "Financial Express" (English) and "Business Remedies" (Hindi) to inform shareholders about the postal ballot process.

Regulatory Compliance

The postal ballot was conducted in compliance with Section 108 and 110 of the Companies Act, 2013, and Regulation 30 and 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company dispatched notices through email only, pursuant to MCA circulars, to members whose email IDs were registered with depositories or the registrar and transfer agent. The voting results and scrutinizer's report are available on the company's website and NSDL's e-voting portal for stakeholder reference.

Historical Stock Returns for Aavas Financiers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%-0.98%-7.72%-27.93%-11.55%-27.23%
Aavas Financiers
View in Depthredirect
like17
dislike
More News on Aavas Financiers
Explore Other Articles
1,448.00
+1.00
(+0.07%)