AAVAS Financiers: Board Approves MD Appointment, Director Resignation

AAVAS Financiers Ltd announced outcomes from its Board Meeting held on September 18, 2026. The Board approved the appointment of Mr. Manu Yeshpal Singh as Managing Director for a five-year term commencing September 19, 2026, subject to shareholder approval. His designation also changed from Chief Executive Officer to Managing Director & Chief Executive Officer. Additionally, Mr. Sanjeev Srinivasan was appointed as an Additional Non-Executive Nominee Director, also for a five-year term starting September 19, 2026, pending shareholder approval. The Board also accepted the resignation of Mr. Anant Jain as Non-Executive Nominee Director, effective September 18, 2026.