Outcome of Board Meeting held on Tuesday, July 21, 2026

Ref. No. AAVAS/SEC/2026-27/2924 Date: July 21, 2026 To, To, The National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Tower, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400001 Mumbai – 400051 Scrip Symbol: AAVAS Scrip Code: 541988 Dear Sir/Madam, Subject: Outcome of the Board Meeting held on Tuesday, July 21, 2026. Pursuant to Regulation 30, 51 and other applicable provisions of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations, 2015”), this is to inform you that the Board of Directors of the Company at its Meeting held on Tuesday, July 21,2026 has inter-alia, considered and approved the Unaudited Financial Results of the Company for the Quarter ended June 30, 2026, as reviewed and recommended by the Audit Committee and took note of the Limited Review Report submitted by Joint Statutory Auditors of the Company, i.e. M/s. M S K A & Associates LLP, Chartered Accountants and M/s. Borkar & Muzumdar, Chartered Accountants in terms of Regulation 33 and 52 of SEBI LODR Regulations, 2015. Please find enclosed herewith the following: i. Unaudited Financial Results of the Company for the Quarter ended June 30, 2026, along with Limited Review Report submitted by Joint Statutory Auditors i.e., M/s. M S K A & Associates LLP, Chartered Accountants and M/s. Borkar & Muzumdar, Chartered Accountants; ii. Disclosure pursuant to Regulation 52(4) of SEBI LODR Regulations, 2015 attached as (Annexure-A); iii. Declaration pursuant to Regulation 54(2) and (3) of SEBI LODR Regulations, 2015 attached as Annexure-1; iv. Statement pursuant to Regulation 52(7) and 52(7A) of SEBI LODR Regulations, 2015 attached as Annexure-2; Please note that the Board Meeting commenced at 03:41 P.M. and concluded at 04:34 P.M. INTERNAL The above information will also be made available on the website of the Company and can be accessed at https://www.aavas.in/investor-relations/outcome. You are requested to take the same on record. Thanking You, For AAVAS FINANCIERS LIMITED SAURABH SHARMA COMPANY SECRETARY & COMPLIANCE OFFICER (ACS-60350) Enclosed: a/a INTERNAL M S K A & Associates LLP Borkar a Muzumdar (Formerly known as M S K A a Associates) Chartered Accountants Chartered Accountants 602, Floor 6, Raheja Titanium, 21/168 Anand Nagar Om CHS Western Express Highway, Anand Nagar Lane, Off Nehru Road, Geetanjali, Railway Colony, Vakola, Santacruz (East), Ram Nagar, Goregaon (E), Mumbai - 400 055. Mumbai - 400 063. Independent Auditor’s Review Report on unaudited financial results of Aavas Financiers Limited for the quarter ended June 30, 2026 pursuant to the Regulation 33 and Regulation 52 read with Regulation 63(2) of the Security and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors Aavas Financiers Limited 1. We have reviewed the accompanying statement of unaudited financial results of Aavas Financiers Limited (hereinafter referred to as “the Company”) for the quarter ended June 30, 2026 (“the Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (“the Regulations”). 2. This Statement, which is the responsibility of Company’s Management and has been approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 (“the Act”) read with relevant rules issued thereunder (“Ind AS 34”), the relevant circulars, guidelines and directions issued by the Reserve Bank of India (the “RBI”) from time to time (the “RBI Guidelines”) and National Housing Bank (‘NHB’) from time to time (the “NHB Guidelines”) and other recognised accounting principles generally accepted in India and is in compliance with the Regulations, the RBI Guidelines and the NHB Guidelines. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement are free from material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, the RBI Guidelines, the NHB Guidelines and other recognised accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of the Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters. For M S K A & Associates LLP For Borkar a Muzumdar (Formerly known as M S K A a Associates) Chartered Accountants Chartered Accountants ICAI Firm Registration Number: 105047W/W101187 ICAI Firm Registration Number: 101569W Prateek Khandelwal Brijmohan Agarwal Partner Partner Membership Number: 139144 Membership Number: 033254 UDIN:2.6 i 39 |4)Zj | DN74/15 UD1N:2603325^ FNC7.U03805 Mumbai Mumbai July 21, 2026 July 21, 2026 Page 1 of 1 AAVAS FINANCIERS LIMITED (CIN: L65922RJ2011PLC034297) Statement of financial results for the quarter ended June 30, 2026 (INR in lakh) Particulars Quarter ended Year ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 (Audited) (Unaudited) (Unaudited) (Audited) Refer Note 3 1 Revenue from operations Interest income 61,647.41 59,339,86 54,894.10 2,27,978.13 Fees and commission income 2,556.36 3,361.16 2,324.71 11,296.79 Gain on derecognition of financial instruments under 26,731.38 amortised cost category 5,951.92 8,276.68 4,749,09 Net gain on fair value changes 716.08 490.46 788.21 2,339.34 Total revenue from operations 70,871.77 71,468.16 62,756.11 2,68,345.64 II Other income 37.80 15.08 37.38 137.84 III Total income (l+ll) 70,909.57 71,483.24 62,793.49 2,68,483.48 IV Expenses Finance costs 29,263.48 27,346.27 27,134.93 1,09,483,82 Fees and commission expense 257.20 283.45 224.92 1,029.23 Impairment on financial instruments 1,279.81 665.48 1,125.99 3,372.44 Employee benefits expense 12,169.88 13,250.15 11,071.24 47,036.48 Depreciation, amortization and impairment 1,105.01 1,194.52 934.35 4,311.38 Other expenses 4,823.79 5,667.26 4,389.20 19,206.04 Total expenses (IV) 48,899.17 48,407.13 44,880.63 1,84,439.39 V Profit before tax (lll-IV) 22,010.40 23,076.11 17,912.86 84,044.09 VI Tax expense (1) Current tax 4,737.73 3,906.81 3,905.09 16,074.59 (2) Deferred tax expense 145,86 1,002.50 84.43 2,481.37 Total tax expense (VI) 4,883.59 4,909.31 3,989.52 18,555.96 VII Profit for the period (V-VI) 17,126.81 18,166.80 13,923.34 65,488.13 [Showing first 8,000 characters — download PDF for full document]