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Aavas Financiers informs about outcome of board meeting

20 Apr 2026 Evaluate
Pursuant to the provisions of Regulation 30 and 51 of SEBI LODR, Aavas Financiers has informed that the Board of Directors of the Company at its meeting held on April 20, 2026, has based on the recommendation of Nomination and Remuneration Committee considered the following: 1. Taken note of, and accepted, the resignation of Sachinderpalsingh Jitendrasingh Bhinder (DIN:08697657) from the position of Managing Director & Chief Executive Officer of the Company, with effect from close of business hours on April 20, 2026. 2. Approved the appointment of Manu Yeshpal Singh as the Managing Director (subject to receipt of approval from the Reserve Bank of India and approval of the shareholders of the Company) & Chief Executive Officer of the Company, with effect from April 21, 2026. Sachinderpalsingh Jitendrasingh Bhinder will continue in a role as a senior advisor to the Company to provide continuity and support as may be required. The appointment of Manu Yeshpal Singh as the Managing Director of the Company will be effective upon the date of receipt of approval from the Reserve Bank of India and approval of the shareholders of the Company. The details as required under Regulation 30 of SEBI LODR, read with Schedule III of the SEBI LODR and SEBI Master Circular having reference HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are set out in the enclosed annexures.

The above information is a part of company’s filings submitted to BSE.

Aavas Financiers Share Price

1377.50 21.90 (1.62%)
21-Apr-2026 12:53 View Price Chart
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