Aye Finance Private Limited announced with reference to its earlier intimation dated March 19, 2024 and pursuant to Regulation 51 of SEBI Listing Regulations & other applicable regulations, if any, the company announced that Securities Allotment committee of the board of directors of the company has approved the allotment of 5,000 Non-Convertible Debentures having face value of INR 100,000 each aggregating upto INR 500,000,000 through Resolution by Circulation on March 22, 2024 to CredAvenue Securities Private Limited on a private placement basis.