Avasara Finance has informed that based on the recommendation of Nomination and Remuneration Committee and the Board of Directors, the Annual General Meeting of the Company held on Wednesday, September 27, 2023 through VC/ OVAM had appointed Naresh Gandhi as an Independent Director for a second term of 5 consecutive years upto May 10, 2028. Pursuant to BSE Circular No LIST/COMP/14/2018-19, the Company affirmed that Naresh Gandhi is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. Details pursuant to SEBI Circular No SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 with respect to aforesaid appointment is enclosed. The certified true copy of resolution along with his profile is attached.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 939.45 |
| Shriram Finance | 1045.65 |
| Aditya Birla Capital | 344.60 |
| Chola Invest & Fin. | 1588.55 |
| Tata Capital | 334.85 |
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