AAVAS
Aavas Financiers Limited
NSELast Traded Price
₹1210
15.6 (1.31%)
Open
₹1202
High
₹1231
Low
₹1190
Prev Close
₹1194.4
Industry
Housing Finance Company
Market Cap
9683.42 Cr
Filing History
Recent corporate announcements and filings for AAVAS
Routine
Neutral
2026-10-07 18:33
- Aavas Financiers Limited has allotted 1,540 equity shares of face value ₹10 each pursuant to the exercise of options under PSOP-2023.
- The new paid-up equity share capital of the company has increased from ₹79,29,43,270 to ₹79,29,58,670.
- The newly allotted shares will rank pari-passu with the existing equity shares of the company.
Governance
Neutral
2026-10-01 16:13
Aavas Financiers Limited has issued a notice of postal ballot dated September 30, 2026, seeking shareholder approval for key managerial appointments.
- Appointment of Mr. Manu Yeshpal Singh as Executive Director and Managing Director & CEO for a 5-year tenure effective September 19, 2026.
- Appointment of Mr. Sanjeev Srinivasan as Non-Executive Nominee Director representing Aquilo House Pte. Ltd. for a 5-year tenure.
- Remote e-voting period commences on Saturday, October 03, 2026 (09:00 A.M.) and concludes on Sunday, November 01, 2026 (05:00 P.M.) with the cut-off date set for Friday, September 25, 2026.
Business Update
Positive
2026-09-30 19:03
- Aavas Financiers Limited has been assigned an ESG rating of 'Crisil ESG 68' under the 'Strong' rating category.
- The company also received a Core ESG rating of 'Crisil Core ESG 79'.
- The rating was voluntarily assigned by Crisil ESG Ratings & Analytics Ltd. based on fiscal 2026 disclosures and public data.
Governance
Neutral
2026-09-28 19:03
- Aavas Financiers Limited has announced the re-appointment of Mr. Sharad Pathak as the Chief Compliance Officer and Senior Managerial Personnel.
- The re-appointment is for a period of 3 years, effective from October 01, 2026.
- The decision was approved by the Board of Directors via circular resolution on September 28, 2026, based on the recommendation of the Nomination and Remuneration Committee.
Routine
Neutral
2026-09-26 12:55
- Trading window for dealing in securities of the company will remain closed from October 01, 2026.
- Window will reopen 48 hours after the declaration of financial results for the quarter and half-year ended September 30, 2026.
- Board meeting date for approving results to be intimated later.
Financials
Neutral
2026-09-25 16:41
- Aavas Financiers Limited received a rating review from CARE Ratings Limited.
- Long-term bank facilities of ₹12,762.00 crore (enhanced from ₹12,262.00 crore) continue to be on Rating Watch with Developing Implications at CARE AA (RWD).
- Non-Convertible Debentures (NCDs) aggregating ₹1,259.92 crore and a new NCD of ₹100.00 crore also continue to be or are assigned CARE AA (RWD) with Developing Implications.
- The rating watch is attributed to recent developments including operational and financial performance for FY26 and Q1FY27, alongside multiple changes in the senior leadership team.
Business Update
Positive
2026-09-23 18:53
- AAVAS Financiers Limited has received an ESG rating of "69" (Strong) from ESG Risk Assessments and Insights Limited. This rating was voluntarily assigned based on publicly available information.
Governance
Positive
2026-09-23 17:58
- AAVAS Financiers Limited announced the appointment of Mr. Nitin Rughwani as Chief Credit Officer, Senior Managerial Personnel, effective September 23, 2026.
- He brings over two decades of experience in credit and risk leadership.
Business Update
Negative
2026-09-18 20:00
CRITICAL RED FLAG DETECTED
- Aavas Financiers directed by NHB to pay penal charges of INR 1.09 Cr.
- Company to repay refinance facility of approximately INR 12.24 Cr related to certain loan pools under NHB's refinance scheme.
- The company will comply with the directions.
Governance
Neutral
2026-09-18 19:39
- Aavas Financiers Limited filed an updated list of Key Managerial Personnel (KMP) authorized for determining materiality of events and making disclosures to the Stock Exchange, as per SEBI (LODR) Regulation 30(5).
- The KMPs include Mr. Manu Yeshpal Singh (Managing Director & CEO), Mr. Ghanshyam Gupta (Interim Chief Financial Officer), and Mr. Saurabh Sharma (Company Secretary & Compliance Officer).
Governance
Neutral
2026-09-18 19:11
- Board met on Sep 18, 2026.
- Appointed Mr. Manu Yeshpal Singh as MD & CEO and Mr. Sanjeev Srinivasan as Non-Executive Nominee Director, effective Sep 19, 2026.
- Mr. Anant Jain resigned as Non-Executive Nominee Director, effective Sep 18, 2026.
Governance
Neutral
2026-09-18 19:01
- Outcome of Board Meeting held on September 18, 2026.
- Appointment of Mr. Manu Yeshpal Singh as Managing Director & CEO for a period of five years from September 19, 2026.
- Appointment of Mr. Sanjeev Srinivasan as an Additional Non-Executive Nominee Director for a period of five years from September 19, 2026.
- Resignation of Mr. Anant Jain as Non-Executive Nominee Director with effect from September 18, 2026, due to personal reasons.
Business Update
Neutral
2026-09-18 17:28
- AAVAS Financiers Ltd. has scheduled multiple investor/analyst meetings:
- September 23, 2026 (Wednesday): Physical One-on-One with Existing and Proposed Investors, 9:00 AM - 5:00 PM (SGT) in Singapore.
- September 24, 2026 (Thursday): Physical One-on-One/Group Meeting at BOFA Conference, 9:00 AM - 5:00 PM (HKT) in Hong Kong.
- September 25, 2026 (Friday): Physical One-on-One with Existing and Proposed Investors, 9:00 AM - 5:00 PM (HKT) in Hong Kong.
- September 28, 2026 (Monday): Physical One-on-One/Group Meeting at Isec Affordable Housing Day, 9:00 AM - 5:00 PM (IST) in Mumbai.
Governance
Positive
2026-09-17 19:37
- AAVAS Financers Ltd. received Reserve Bank of India (RBI) approval on September 17, 2026, for the appointment of Mr. Manu Yeshpal Singh as Managing Director for a 5-year tenure. Board approval is pending.
Governance
Positive
2026-09-17 19:20
- 16th Annual General Meeting (AGM) held on September 16, 2026, approved all business items.
- Re-appointed Mr. Nikhil Omprakash Gahrotra and Mrs. Neha Sureka as Non-Executive Nominee Directors.
- Appointed Mr. Vivek Anant Karve and Mr. Vellur Gopalaraghavan Kannan as Independent Directors.
- Board authorized to raise up to ₹9,000 crore via Non-convertible Debentures (NCDs) through private placement by September 15, 2027.
Business Update
Positive
2026-09-15 17:28
- Niche99 ESG Ratings assigned Aavas Financiers a 'Leader' rating of 76.92/100 for 2026.
- The voluntary rating is based on FY2024-25 and FY2025-26 disclosures.
Business Update
Positive
2026-09-11 12:23
- Aavas Financiers Limited allotted 10,000 Senior, Secured, Rated, Listed, Transferable, Redeemable, Non-Convertible Debentures (NCDs).
- Total value: ₹100 Crore (₹100,00,00,000) via private placement.
- Allotment date: September 11, 2026, with a 60-month tenor.
- Initial coupon rate: 7.60% per annum, payable quarterly.
Business Update
Neutral
2026-09-08 15:35
- Concall/Investor Meet Schedule
- September 11, 2026: Physical Group Meeting with Existing and Proposed Investors/Analysts in Mumbai from 03:00 P.M. to 05:00 P.M. (IST).
- September 17, 2026: Participation in Jefferies Investor Conference (Physical One on One/Group Meeting) in Gurgaon from 09:00 A.M. to 06:30 P.M. (IST).
Business Update
Neutral
2026-09-04 17:46
- Concall Schedule
- Concall Date: September 10, 2026
- Concall Time: 10:30 A.M. to 11:30 A.M. (IST) & 01:00 P.M. to 02:00 P.M. (IST)
Business Update
Positive
2026-09-02 19:54
- Executive Committee approved the issuance of up to 10,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures (NCDs) via private placement.
- The aggregate nominal value is up to ₹100 Crores.
- The NCDs have a tenor of 60 months and will be listed on the BSE Wholesale Debt Market segment.
Business Update
Positive
2026-09-02 19:50
- AAVAS Financiers Ltd's Executive Committee approved the issuance of up to 10,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures (NCDs).
- The NCDs, aggregating to ₹100 Crores, will be issued via private placement and listed on BSE's WDM segment.
- The tenor is 60 months with principal repaid in 20 equal quarterly instalments and interest paid quarterly.
Business Update
Neutral
2026-08-25 18:57
- Concall Schedule
- Proposed Investor Virtual One-on-One Meeting: Concall Date: August 31, 2026, Concall Time: 12:00 P.M. to 01:00 P.M. (IST)
- Existing Investor Physical One-on-One Meeting: Concall Date: September 09, 2026, Concall Time: 01:00 P.M. to 02:00 P.M. (IST)
Ownership
Neutral
2026-08-20 17:27
- AAVAS Financiers Limited allotted 4,301 equity shares on August 20, 2026.
- The allotment is pursuant to the exercise of Employee Stock Options under PSOP-2023 and PSOP-2024 schemes.
- This results in an increase in the company's paid-up equity share capital.
Business Update
Neutral
2026-08-11 19:09
- Concall Schedule:
- One-on-one meeting with Existing/Proposed Investor on August 17, 2026, from 11:00 A.M. to 12:00 P.M. (IST) in Pune.
- Participation in Motilal Oswal Investor Conference on August 19, 2026, from 9:00 A.M. to 5:00 P.M. (IST) in Mumbai.
Business Update
Neutral
2026-08-06 16:34
- Investor/Analyst Meet Scheduled
- Date: August 12, 2026 (Wednesday)
- Time: 9:00 A.M. to 5:00 P.M. (IST)
- Type: Physical One-on-One Meeting
- Location: Chennai
Governance
Positive
2026-07-31 18:30
- Aavas Financiers Limited appointed Mr. Vellur Gopalaraghavan Kannan as Chairperson and Independent Director, effective August 1, 2026.
- He succeeds Mr. Sandeep Tandon.
- Mr. Kannan brings over 40 years of experience in the Banking, Financial Services and Insurance (BFSI) sector.
Governance
Neutral
2026-07-31 18:10
- Mr. Sandeep Tandon resigned as Independent Director and Chairperson, effective July 31, 2026, citing personal and professional commitments.
- Mr. Vellur Gopalaraghavan Kannan was appointed as an Additional Non-Executive Independent Director for five years and Chairperson for one year, effective August 01, 2026.
- Various Board Committees were reconstituted.
Financials
Positive
2026-07-30 12:09
- Aavas Financiers Limited allotted 20,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures (NCDs) on July 30, 2026.
- The NCDs have a face value of ₹1,00,000 each, aggregating to ₹200 Crores.
- The issue has a 3-year tenor with an annual coupon rate of 7.80%.
- The total settlement amount received, including premium, was ₹200.22 Crores.