Board Meeting18 Sept 2026, 07:20 pm
AAVAS Financiers Board Approves MD Appointment
AI Summary
AAVAS Financiers Ltd announced key management changes following its Board Meeting on September 18, 2026. The Board approved the appointment of Mr. Manu Yeshpal Singh as Managing Director for a five-year term, effective September 19, 2026, subject to shareholder approval. His designation also changed from CEO to MD & CEO. Additionally, Mr. Sanjeev Srinivasan was appointed as an Additional Non-Executive Nominee Director, also for five years, nominated by Aquilo House Pte. Ltd. The Board also accepted the resignation of Mr. Anant Jain as Non-Executive Nominee Director.
Key Highlights
- Mr. Manu Yeshpal Singh appointed as MD & CEO for 5 years.
- Appointment subject to shareholder approval.
- Mr. Sanjeev Srinivasan appointed as Non-Executive Nominee Director.
- Mr. Anant Jain resigned as Non-Executive Nominee Director.
- Appointments are effective from September 19, 2026.
Price Impact
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