Shareholders meeting

Ref. No. AAVAS/SEC/2026-27/3195 Date: September 16, 2026 To, To, The National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400051 Mumbai – 400001 Scrip Symbol: AAVAS Scrip Code: 541988 Dear Sir /Madam, Subject: Disclosure under Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Summary of Proceedings/Outcome of the 16th Annual General Meeting of the Company. With reference to the Captioned subject, this is to inform you that the 16th Annual General Meeting (“AGM”) of the Company for the Financial Year 2025-26, was held on Wednesday, September 16, 2026, commenced at 3:00 P.M. (IST) through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”) in compliance with guidelines/circulars issued by Ministry of Corporate Affairs (“MCA”) and Securities Exchange Board of India (“SEBI”) from time to time. In this regard, please find enclosed the summary of the proceedings of the AGM pursuant to Regulation 30 and 51 of the Listing Regulations read with circulars issued thereunder as Annexure-1. The above information will also be made available on the website of the Company and can be accessed at www.aavas.in. You are requested to take the above on record. Thanking You, For AAVAS FINANCIERS LIMITED SAURABH SHARMA COMPANY SECRETARY & COMPLIANCE OFFICER (ACS-60350) Encl: as above Annexure-1 Summary of the Proceedings of the 16th Annual General Meeting (“AGM”) of Aavas Financiers Limited (“The Company”). Mr. Saurabh Sharma, Company Secretary and Compliance Officer of the Company, welcomed the Members, Directors and Auditors to the 16th AGM of the Company and informed that the Meeting was being conducted through video conferencing in accordance with the applicable provisions of the Companies Act, 2013 and the Rules made thereunder, SEBI Listing Regulations and the circulars issued by the Ministry of Corporate Affairs and SEBI. Chairperson: Mr. Vellur Gopalaraghavan Kannan, Chairperson of the Company, presided over the Meeting as Chairperson in terms of the Articles of Association of the Company. Following Directors/ Key Managerial Personnel/ Auditors attended the AGM: DIRECTORS IN ATTENDANCE Sr. No. Name Designation 1. Mr. Vellur Gopalaraghavan Chairperson and Independent Director and Kannan Chairperson of Stakeholders Relationship Committee and Information Technology Strategy Committee 2. Mr. Vivek Anant Karve Independent Director and Chairperson of Audit Committee 3. Mrs. Soumya Rajan Independent Director and Chairperson of Nomination & Remuneration Committee 4. Mr. Siddharth Tapaswin Patel Non-Executive Nominee Director 5. Mr. Nikhil Omprakash Gahrotra Non-Executive Nominee Director and Chairperson of CSR and ESG Committee and Risk Management Committee 6. Mrs. Neha Sureka Non-Executive Nominee Director 7. Mr. Rohit Ranjan Non-Executive Nominee Director 8. Mr. Anant Jain Non-Executive Nominee Director KEY MANAGERIAL PERSONNEL IN ATTENDANCE Sr. No. Name Designation 1. Mr. Manu Yeshpal Singh Chief Executive Officer and Chairperson of Asset Liability Management Committee 2. Mr. Ghanshyam Gupta Interim Chief Financial Officer 3. Mr. Saurabh Sharma Company Secretary and Compliance Officer AUDITORS & SCRUTINIZER IN ATTENDANCE Sr. No. Name Designation 1. Mr. Tushar Kurani (Partner) M/s M S K A & Associates LLP, Chartered Accountants, Statutory Auditor Ms. Princy Maurya (Associate Director) 2. Mr. Brij Mohan Agarwal (Partner) M/s Borkar & Muzumdar, Chartered Accountants, Mr. S. Venkate Teswarlu (Partner) Statutory Auditor 3. Mr. Lakhan Gupta (Partner) M/s. Chandrasekaran Associates, Practising Company Secretary, Secretarial Auditor and Scrutinizer for the Meeting Quorum: With the permission of the Chairperson, the Company Secretary confirmed the presence of requisite quorum as required under Section 103 of the Companies Act, 2013, at the commencement of the Meeting through Video Conferencing and Other Audio Visual Means, to conduct the proceedings of the Meeting and also ensured that the quorum was also present while transacting the business items of the Meeting. The Company Secretary informed the Members that, in accordance with the Articles of Association of the Company, Mr. Vellur Gopalaraghavan Kannan, Chairperson of the Company, would Chair the 16th AGM of the Company. General Instructions for Conduct of the AGM: The Company Secretary apprised the Members of the regulatory and procedural arrangements relating to the conduct of the Meeting, including participation through video conferencing, availability of statutory registers and documents for inspection, remote e-voting and e-voting facility during the Meeting, appointment of the scrutinizer, speaker shareholder mechanism, process for raising queries by Members and the manner in which the proceedings of the Meeting would be conducted. After briefing the Members on the aforesaid matters, the Company Secretary thereafter requested Mr. Vellur Gopalaraghavan Kannan, Chairperson and Independent Director of the Company to begin with the proceedings of the Meeting. Proceedings of the Meeting: Mr. Vellur Gopalaraghavan Kannan, Chairperson and Independent Director of the Company, Chaired the proceedings of the Meeting. The Chairperson welcomed the Shareholders to the Annual General Meeting of the Company and expressed gratitude for their continued trust, confidence and support. During his address, the Chairperson emphasized that trust remains the cornerstone of a sustainable financial institution and reiterated the Company's commitment towards customer-centricity, strong corporate governance, ethical business practices, long-term value creation and sustainable growth. The Chairperson acknowledged the guidance and contribution of the Board of Directors, the leadership of Chief Executive Officer (“CEO”), employees, regulators, lending partners, promoters and other stakeholders towards the growth and success of the Company. The Chairperson also noted that the Annual Report for the Financial Year 2025-26, together with the Directors' Report and Audited Financial Statements, had been circulated to the shareholders and, with their permission, was taken as read. The Chairperson concluded his address by thanking all Stakeholders for their continued support and reaffirmed the Company's focus on achieving long-term growth and prosperity. Thereafter, Chairperson requested, Mr. Manu Yeshpal Singh, CEO, to present the performance report of the Company for the Financial Year 2025-26 and requested Mr. Saurabh Sharma, Company Secretary and Compliance Officer to thereafter take the proceeding ahead. The CEO addressed the shareholders and reiterated the Company's commitment to enabling home ownership for low and middle-income families in underserved and unserved markets. He highlighted the induction of CVC Capital Partners as promoter during FY 2025-26 and the Company's continued focus on Technology, Analytics, Digital Transformation and Operational Excellence. The CEO highlighted the following key performance and business achievements of the Company during Financial Year 2025-26: • Assets Under Management increased by 15% to ₹23,451 crore; • Disbursements grew by 11% to ₹6,775 crore; • Net Interest Margin improved to 7.93%; • Net worth crossed ₹5,000 crore and the balance sheet crossed ₹20,000 crore; • Capital Adequacy Ratio stood at 44.6%; • Branch network expanded to 435 branches across 13 States and 2 Union Territories; • Total live customer accounts reached approximately 2.7 lakh; • Cost of funds improved, supported by a diversified borrowing profile and strong liquidity position; • Gross Stage 3 and Net Stage 3 assets stood at 1.05% and 0.68%, respectively; and • Net profit increased by 14% to ₹654.9 crore. The CEO highlighted the significant long-term opportunities in the affordable housing finance sector, driven by urbanisation, favourable demographics, i [Showing first 8,000 characters — download PDF for full document]