StockWatch
·
Housing Finance Company
Management Change21 Jun 2026, 04:30 pm

AAVAS Financiers Appoints Interim CFO, CRO; Accepts Key Resignations

AI Summary

AAVAS Financiers Ltd announced outcomes from its Board Meeting held on June 21, 2026. The board approved the appointment of Mr. Ghanshyam Gupta as Interim Chief Financial Officer (CFO) and Mr. Punit Purushottam Agarwal as Interim Chief Risk Officer (CRO), both effective June 22, 2026. Mr. Gupta, a Chartered Accountant with over 18 years of experience, has been with Aavas since 2017. Mr. Agarwal, also a Chartered Accountant with 13 years of experience, has 9 years at Aavas, specializing in risk management. The board also accepted the resignations of Mr. Ghanshyam Rawat (President & CFO) and Mr. Ashutosh Atre (President & CRO), effective September 21, 2026. The meeting commenced at 2:15 PM and concluded at 2:32 PM.

Key Highlights

  • Ghanshyam Gupta appointed Interim CFO, effective June 22, 2026.
  • Punit Purushottam Agarwal appointed Interim CRO for one year, effective June 22, 2026.
  • Ghanshyam Rawat resigns as President & CFO, effective September 21, 2026.
  • Ashutosh Atre resigns as President & CRO, effective September 21, 2026.
  • Board meeting concluded within 17 minutes.