AAVAS Financiers Ltd: AGM Approves Director Re-appointments & ₹9,000 Cr NCD Issuance

AAVAS Financiers Ltd announced the outcome of its 16th Annual General Meeting (AGM) held on September 16, 2026. The company received the Scrutinizer's Report on September 17, 2026, confirming that all business items were approved by the members. Key resolutions included the re-appointment of Mr. Nikhil Omprakash Gahrotra and Mrs. Neha Sureka as Non-Executive Nominee Directors, ratification of remuneration for former MD & CEO Mr. Sachinderpalsingh Jitendrasingh Bhinder, and the appointment of Mr. Vivek Anant Karve and Mr. Vellur Gopalaraghavan Kannan as Independent Directors. Additionally, the Board of Directors has been authorized to issue Non-convertible Debentures (NCDs) up to ₹9,000 crore on a private placement basis within one year.