aavas financiers has announced changes in its senior management personnel pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Board of Directors, through a circular resolution passed on May 01, 2026, accepted the resignation of Mr. Selvin Uthaman from the position of Chief Business Officer and approved the appointment of Mr. Ripudaman Bandal as the new Chief Business Officer.

Resignation of Mr. Selvin Uthaman

Mr. Selvin Uthaman has tendered his resignation from the position of Chief Business Officer, effective from the close of business hours on May 01, 2026. The resignation was submitted due to personal and professional commitments. In his resignation letter, Mr. Uthaman expressed gratitude for the opportunities provided during his tenure and highlighted his pride in contributing to the company's transformation story and business growth. He committed to ensuring a smooth transition and orderly handover of responsibilities.

Appointment of Mr. Ripudaman Bandal

The Board has approved the change in role and designation of Mr. Ripudaman Bandal, who was previously serving as the Chief Credit Officer. He has been appointed as the Chief Business Officer with effect from May 02, 2026. The appointment follows the recommendation of the Nomination and Remuneration Committee.

Profile of Mr. Ripudaman Bandal

Mr. Ripudaman Bandal brings extensive experience to his new role:

The information regarding these management changes has been submitted to the National Stock Exchange of India Limited and BSE Limited. The details are also available on the company's website at https://www.aavas.in/ . The event occurred on May 01, 2026 at 01:30 P.M. IST.

Summary of Management Changes

AAVAS Financiers has scheduled investor and analyst meetings for May 6-7, 2026, in compliance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company issued formal intimation under reference number AAVAS/SEC/2026-27/2503 dated April 30, 2026, to both NSE and BSE exchanges.

Meeting Schedule

The management will hold physical one-on-one meetings with existing and proposed investors during these dates in Mumbai:

Compliance and Information Sharing

The company stated that it will refer to publicly available information for discussions during these meetings. No unpublished price sensitive information will be shared with investors or analysts during the sessions.

Documentation and Accessibility

The investor presentation has already been uploaded on the company's website at www.aavas.in/investor-relations/investor-intimation and was previously intimated to the stock exchanges vide letter AAVAS/SEC/2025-26/2334 dated February 05, 2026. This ensures transparency and provides accessible information for members and the public at large.

Important Notice

Aavas Financiers noted that any unforeseen exigency on the part of the company, investors, or analysts may lead to changes in the above schedule. The intimation was signed by Saurabh Sharma, Company Secretary & Compliance Officer (ACS-60350), with digital signature authentication on April 30, 2026.