Aavas Financiers Announces Statutory Auditor's Conversion to LLP Structure

1 min read     Updated on 15 Jan 2026, 03:11 PM
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Reviewed by
Riya DScanX News Team
Overview

Aavas Financiers Limited has announced that its statutory auditor M S K A & Associates has converted to M S K A & Associates LLP effective January 13, 2026, under the Limited Liability Partnership Act, 2008. The company confirmed this structural change does not affect the existing audit engagement, and the LLP will continue as statutory auditor with ICAI registration number 105047W/W101187.

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Aavas Financiers Limited has notified stock exchanges regarding a structural change in its statutory auditor firm. The company informed the National Stock Exchange of India Limited and BSE Limited on January 15, 2026, about the conversion of M S K A & Associates into a Limited Liability Partnership structure.

Auditor Firm Conversion Details

The statutory auditor M S K A & Associates, Chartered Accountants, has converted itself into a Limited Liability Partnership under the provisions of the Limited Liability Partnership Act, 2008. The firm communicated this change to Aavas Financiers through a letter dated January 14, 2026.

Parameter: Details
Effective Date: January 13, 2026
New Firm Name: M S K A & Associates LLP, Chartered Accountants
ICAI Registration: 105047W/W101187
Legal Framework: Limited Liability Partnership Act, 2008

Continuity of Audit Services

Aavas Financiers confirmed that this conversion does not result in any change to the existing audit engagement. M S K A & Associates LLP will continue to act as the statutory auditor of the company and discharge its responsibilities for the remaining tenure of appointment.

The company has made this information accessible on its website at https://www.aavas.in/investor-relations/other-disclosures as part of its transparency and disclosure obligations.

Regulatory Compliance

The intimation was made pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Saurabh Sharma signed the disclosure document, ensuring proper regulatory compliance.

The conversion represents a structural change in the auditor firm's legal status while maintaining continuity in professional services and audit responsibilities for Aavas Financiers Limited.

Historical Stock Returns for Aavas Financiers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%-1.28%-8.00%-28.15%-11.81%-27.45%
Aavas Financiers
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Aavas Financiers Executes ₹29.87 Crore Block Trade on NSE

1 min read     Updated on 14 Jan 2026, 10:08 AM
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Reviewed by
Radhika SScanX News Team
Overview

Aavas Financiers Limited completed a substantial NSE block trade involving 205,880 shares at ₹1,450.90 per share, generating a total transaction value of ₹29.87 crores. This institutional trading activity reflects significant market interest in the housing finance company's shares at current valuation levels.

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Aavas Financiers Limited executed a significant block trade on the National Stock Exchange (NSE), marking notable institutional trading activity for the housing finance company. The transaction involved substantial share volumes and represents one of the key market movements for the stock.

Block Trade Details

The NSE block trade encompassed approximately 205,880 shares of Aavas Financiers, executed at a price of ₹1,450.90 per share. This resulted in a total transaction value of ₹29.87 crores, indicating substantial institutional interest in the stock.

Parameter: Details
Number of Shares: 205,880 shares
Price per Share: ₹1,450.90
Total Transaction Value: ₹29.87 crores
Exchange: National Stock Exchange (NSE)
Transaction Type: Block Trade

Market Significance

Block trades are typically executed by institutional investors to facilitate large volume transactions without significantly impacting the stock's market price. These transactions are conducted outside the regular trading mechanism and often indicate strategic positioning by large investors, mutual funds, or other institutional entities.

The execution of this block trade at ₹1,450.90 per share provides insight into the current valuation levels that institutional investors find attractive for Aavas Financiers. Such transactions often serve as important price discovery mechanisms for the broader market.

Transaction Impact

The ₹29.87 crore transaction represents a meaningful volume of trading activity for Aavas Financiers shares. Block trades of this magnitude typically reflect either portfolio rebalancing activities by institutional investors or strategic stake adjustments by existing shareholders.

The successful execution of this block trade at the specified price level demonstrates adequate liquidity and investor interest in Aavas Financiers shares at current market valuations.

Historical Stock Returns for Aavas Financiers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%-1.28%-8.00%-28.15%-11.81%-27.45%
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