Aavas Financiers Limited

Aavas Financiers Limited

Aavas Financiers Limited has announced its unaudited financial results for the quarter ended June 30, 2026, which were reviewed and approved by the Audit Committee and the Board of Directors. The company has also submitted a Limited Review Report by its Joint Statutory Auditors, M/s. M S K A & Associates LLP and M/s. Borkar & Muzumdar, Chartered Accountants. The results will be available on the company's website.

Aavas Financiers Limited

Aavas Financiers Limited

Aavas Financiers Limited has informed the Exchange about Intimation of Earnings Call for the Quarter ended June 30, 2026, to be held on July 21, 2026, at 06:45 P.M. (IST) to discuss the Financial and Operational Performance of the Company.

Aavas Financiers Limited

Aavas Financiers Limited has informed the Exchange regarding the allotment of 2244 securities pursuant to ESOP/ESPS at its meeting held on July 07, 2026. The allotment is under Performance Stock Option Plan-2023 and Performance Stock Option Plan-2024 schemes. The paid-up equity share capital of the Company has increased, and the allotted shares will rank pari-passu with the existing equity shares.

Aavas Financiers Limited

Aavas Financiers Limited has filed a certificate under SEBI (Depositories and Participants) Regulations, 2018, confirming the dematerialization of securities and listing of securities on stock exchanges.

Aavas Financiers Limited

Aavas Financiers Limited has been placed on rating watch by CARE Ratings Limited due to recent changes in the senior leadership team, including the resignation of the Chief Finance Officer and Chief Risk Officer, and earlier resignation of the Managing Director and Chief Executive Officer.

Aavas Financiers Limited

Aavas Financiers Limited's long-term rating has been put on watch with developing implications by ICRA Limited due to changes in the senior management team, including the exit of the CEO and CBO, and the appointment of interim CFO and CRO.

Aavas Financiers Limited

Aavas Financiers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, effective from July 01, 2026, until 48 hours after the declaration and submission of Unaudited Financial Results for the Quarter ended June 30, 2026.

Aavas Financiers Limited

Aavas Financiers Limited has clarified market rumours regarding alleged loan classification discrepancies, purported reversal of refinancing facilities by the National Housing Bank (NHB), and management changes. The company strongly refutes these assertions, terming them misleading, malicious, and speculative. Aavas states that an ongoing NHB inspection is a routine regulatory process that has not concluded and does not constitute an adverse finding or directive to reverse facilities. The company reiterates its commitment to robust governance, prudent underwriting, and responsible lending practices.

Aavas Financiers Limited

Aavas Financiers Limited has informed the Exchange about the resignation of a Director/Key Managerial Personnel (KMP)/Senior Management Personnel (SMP). The specific individual, their role, and the effective date of resignation were not detailed in this initial announcement. The full implications of this change are unclear without further information regarding the personnel and reasons for departure.

Aavas Financiers Limited

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.

Aavas Financiers Limited

Aavas Financiers Limited has announced a change in its Board of Directors. The company has appointed Mr. Vivek Anant Karve (DIN: 06840707) as an Additional Director. He will serve in the capacity of a Non-Executive Independent Director, a decision approved by the Board based on the Nomination and Remuneration Committee's recommendation. This appointment is significant as it strengthens the board with an independent voice, potentially enhancing corporate governance and strategic oversight for investors.

Aavas Financiers Limited

Aavas Financiers Limited has informed the Exchange about Intimation of Investor(s)/Analyst(s) Meet/Call/ Conference Scheduled to be held on June 23, 2026 and June 24, 2026.