AAVAS Financiers Ltd

AAVAS Financiers Ltd has announced that its Board of Directors will convene on October 26, 2026. The primary agenda item is to consider and approve the Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026. Additionally, the company confirmed that the trading window for its securities will remain closed from October 01, 2026, until 48 hours after the financial results are declared and submitted to the stock exchanges. This information will also be available on the company's investor relations website.

AAVAS Financiers Ltd has received an ESG rating of 'Crisil ESG 68' under the 'Strong' category and a Core ESG rating of 'Crisil Core ESG 79' from Crisil ESG Ratings & Analytics Ltd. The rating was assigned voluntarily by Crisil based on fiscal 2026 disclosures and publicly available data, without direct engagement from the company. This ESG rating is now available on the company's website.

AAVAS Financiers Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from October 01, 2026, and will remain in effect until 48 hours after the declaration and submission of the Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026. The company has advised its designated persons and their immediate relatives not to trade in its securities during this period, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The date for the Board of Directors' meeting to approve these financial results will be communicated separately.

AAVAS Financiers Ltd has received an ESG rating of "69" (Strong) from ESG Risk Assessments and Insights Limited. This rating was assigned voluntarily by the SEBI-registered ESG Rating Provider based on publicly available information, without any engagement from the company. The rating signifies a strong performance in environmental, social, and governance factors. This information is also available on the company's website.

AAVAS Financiers Ltd has announced the appointment of Mr. Nitin Rughwani as Chief Credit Officer, a Senior Managerial Personnel position. This appointment, approved by the Board of Directors via circular resolution based on the recommendation of the Nomination and Remuneration Committee, is effective September 23, 2026. Mr. Rughwani brings over two decades of experience in credit and risk management, having held senior leadership roles at prominent NBFCs and private banks. His expertise includes driving lending operations, digital credit transformation, and building high-performance credit teams. He is a Chartered Accountant and holds a Bachelor's degree in Commerce from Delhi University.

Aavas Financiers Limited has received a communication from the National Housing Bank (NHB) regarding violations related to loan pools availed under NHB's refinance scheme. NHB has determined penal charges of INR 1.09 Crores payable by the company and has directed the repayment of a refinance facility amounting to approximately INR 12.24 Crores. The company stated it will take necessary actions to comply with these directions. This information was communicated on September 18, 2026.

AAVAS Financiers Ltd has updated its list of Key Managerial Personnel (KMP) authorized to determine the materiality of events and make disclosures to the stock exchange, as per SEBI (LODR) Regulations. The updated list includes Manu Yeshpal Singh (MD & CEO), Ghanshyam Gupta (Interim CFO), and Saurabh Sharma (Company Secretary & Compliance Officer). This disclosure follows a previous Board Meeting outcome and ensures compliance with regulatory requirements for timely and accurate information dissemination. The company will also update this information on its website.

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.

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.

AAVAS Financiers Ltd has received approval from the Reserve Bank of India (RBI) for the appointment of Mr. Manu Yeshpal Singh as the Managing Director and Chief Executive Officer. The approval, dated September 17, 2026, grants a tenure of five years from his appointment date. This follows a previous intimation regarding his proposed appointment, which is still subject to shareholder and Board of Directors' approval. The company will provide further updates once the Board formally approves the appointment. The information is also available on the company's website.