Outcome of Board Meeting

Aavas Financiers Limited announced significant leadership changes following its Board Meeting on June 21, 2026. The Board approved the appointment of Mr. Ghanshyam Gupta as Interim Chief Financial Officer and Mr. Punit Purushottam Agarwal as Interim Chief Risk Officer, both effective June 22, 2026. These interim appointments coincide with the resignations of the current President and CFO, Mr. Ghanshyam Rawat, and President and CRO, Mr. Ashutosh Atre, effective September 21, 2026. Both new interim officers are internal candidates with substantial experience within Aavas. For investors, this signifies a planned leadership transition leveraging internal talent for key financial and risk management roles.