BSECompany Update6d ago · 13 Aug 2026, 05:13 pm
With reference to Acknowledgement Nos. 13881269 and 13881270 regarding the disclosure filed on August 12th, 2026 under Reg 30 of SEBI LODR, 2015 regarding Resignation of Mr. Eugene Oommen ....
BYLD Capital Finance Ltd · 511730
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BYLD Capital Finance Ltd has clarified the delay in submitting a disclosure regarding the resignation of a non-executive director, Mr. Eugene Oommen Koshy, citing administrative and procedural delays in internal coordination.
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BYLD Capital Finance Ltd - 511730 - Announcement under Regulation 30 (LODR)-Resignation of Director
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BYLD CAPITAL FINANCE LIMITED
·BYLD
(FormerLy Avasara Finance Limited)
• CAPITAL
CIN :L74899MH1994PLC216417
To, 13th August, 2026
The Corporate Relationship Department,
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai -400001.
BSE Scrip Code: 511730
Subject: Clarification regarding delay in submission of disclosure under Regulation 30 of
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Ref: Acknowledgement Nos. 13881269 & 13881270 filed on August 12, 2026
Dear Sir / Madam,
With reference to the captioned Acknowledgement Numbers 13881269 and 13881270
pertaining to the disclosure filed on August 12, 2026, under Regulation 30 of the SEBI (LODR)
Regulations, 2015 regarding the resignation of a Mr. Eugene Oommen Koshy (DIN: 02357608),
Non-Executive, Non-Independent Director, we would like to submit our clarification for the
delay in filing the said corporate announcement.
The resignation letter was received by the Company on August 10, 2026. As a matter of
compliance and internal governance protocol, the formal cessation and resignation details
were required to be placed before and taken on record by the Board of Directors. Accordingly,
the matter was formally placed before and noted by the Board at its meeting held on
August 12, 2026.
The subsequent gap in filing within the statutory 24-hour window from the date of receipt
was purely due to administrative and procedural delays in internal coordination while
finalizing the board proceedings.
We request you to note that this delay was entirely unintentional and without any malafide
intent. The Company has taken strict note of this compliance timeline and has strengthened
its internal coordination tracking systems to ensure strict adherence to real-time reporting
timelines and to avoid any such recurrence in the future.
We request you to kindly take the above clarification on record and condone the minor delay.
Thanking you,
For BYLD Capital Finance Limited
(Formerly known as Avasara Finance Limited)
------=-
Whole-Time Director
DIN: 10710860
Regd. Office: 105, Vidya Chambers, Nana Chowk, Tardeo Road,
Grant Road, Tardeo, Mumbai -400 007
Email: compliance@avasarafinance.com