Byld Capital Finance Limited (formerly Avasara Finance Limited) accepted the resignation of Eugene Oommen Koshy as a Non-Executive, Non-Independent Director. His tenure ended at the close of business hours on August 10, 2026. The departure stems from personal and professional commitments.

The company also confirmed the resignation of Madhavi Khandavalli as Company Secretary and Compliance Officer. She retired effective August 12, 2026. Both resignations were approved by the Board of Directors.

Committee Memberships

Koshy stepped down from all board committees simultaneously with his directorship. He ceased membership in:

• Audit Committee
• Nomination and Remuneration Committee
• Stakeholders' Relationship Committee
• Investment Committee

Regulatory Compliance

The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This includes Schedule III, Part A, Para A(7B) of the Listing Regulations. The filings also reference SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Koshy confirmed there are no material reasons for his resignation other than those stated. He further declared no claims, demands, or grievances against the company or its officers. Khandavalli similarly confirmed no other material reasons for her departure.

BYLD Capital Finance Limited (formerly Avasara Finance Limited) has approved its un-audited financial results for the quarter ended June 30, 2026, alongside the acquisition of BYLD Wealth Advisory Private Limited. The decisions were ratified by the Board of Directors during a meeting held on August 12, 2026. These approvals mark a strategic expansion into wealth advisory services while maintaining transparency on recent operational performance through regulatory disclosures.

The board meeting commenced at 02:30 P.M and concluded at 4:15 P.M. During the session, directors noted the limited review report for the quarterly results pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015. The financial outcomes are available for public access on the company’s website at https://byldcapital.in/ and on the BSE India portal.

In addition to financial reporting, the board approved the acquisition of BYLD Wealth Advisory Private Limited. This move signals an intent to broaden the company’s service offerings in the wealth management sector. No specific financial terms or valuation details for the acquisition were disclosed in the filing.

Key Resolutions

Leadership Changes

The meeting also addressed significant changes in the company’s leadership structure:

• Eugene Oommen Koshy resigned as Non-Executive Non-Independent Director.
• Madhavi Khandavalli resigned as Company Secretary and Compliance Officer.

These resignations were noted by the board without further commentary on succession plans or reasons for departure in the immediate filing.

What the Numbers Show

While specific revenue or profit figures were not included in this summary notice, the approval of the limited review report indicates compliance with statutory auditing requirements for the period. The simultaneous approval of a strategic acquisition suggests management is prioritizing growth avenues despite any potential headwinds reflected in the unaudited results. Investors should monitor subsequent filings for detailed financial metrics and integration plans for the newly acquired entity.