5419882026-06-212026-06-215419882026-06-215419882026-06-21ChangeInManagementDomain15419882026-06-212026-06-21ChangeInManagementDomain15419882026-06-21ChangeInManagementDomain25419882026-06-212026-06-21ChangeInManagementDomain25419882026-06-21ChangeInManagementDomain35419882026-06-212026-06-21ChangeInManagementDomain35419882026-06-21ChangeInManagementDomain45419882026-06-212026-06-21ChangeInManagementDomain45419882026-06-21ResignationOfDirectorOrKeyManagerialPersonnelOrSeniorManagementPersonnelOrComplianceOfficerDomain15419882026-06-212026-06-21ResignationOfDirectorOrKeyManagerialPersonnelOrSeniorManagementPersonnelOrComplianceOfficerDomain15419882026-06-21ResignationOfDirectorOrKeyManagerialPersonnelOrSeniorManagementPersonnelOrComplianceOfficerDomain25419882026-06-212026-06-21ResignationOfDirectorOrKeyManagerialPersonnelOrSeniorManagementPersonnelOrComplianceOfficerDomain2xbrli:pureAAVASAavas Financiers Limited541988NOTLISTEDINE216P01012trueListed Entity (self)true2026-06-2114:15:0014:32:004This is to inform you that, the Board of Directors of the Company at its meeting held on June 21, 2026, has considered the following: 1. Based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Ghanshyam Gupta as the Interim Chief Financial Officer, Key Managerial Personnel (“KMP”) of the Company, with effect from June 22, 2026. 2. Based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Punit Purushottam Agarwal as the Interim Chief Risk Officer, Senior Management Personnel (“SMP”) of the Company for a period of one year, with effect from June 22, 2026. 3. Taken note of, and accepted, the Resignation of Mr. Ghanshyam Rawat, President and Chief Financial Officer and Mr. Ashutosh Atre, President and Chief Risk Officer from their respective positions, with effect from September 21, 2026. 2026-06-21AppointmentKey Managerial PersonnelChief Financial OfficerMr.Ghanshyam Gupta2026-06-22Mr. Ghanshyam Gupta is a qualified Chartered Accountant with 18+ years of experience, including 9+ years at Aavas. Expertise in financial planning & strategy, budgeting, MIS, investor relations, and business growth initiatives. Strategic partner to leadership, driving profitability and performance improvement. He has been associated with Aavas, since 2017. Prior to Aavas he was associated with Vaibhav Global, Tata Technologies Limited and Capgemini India Private Limited.AppointmentSenior Management PersonnelInterim Chief Risk OfficerMr.Punit Purushottam Agarwal2026-06-2212Mr. Punit Purushottam Agarwal is a qualified Chartered Accountant with 13 years of experience, including 9 years at Aavas. Experience across credit risk, market risk, sales, and risk management in retail lending—home loans, construction loans, and LAP. Known for balancing business growth with strong risk frameworks and governance. Prior to Aavas he was associated with Aditya Birla Capital, HDFC Bank and ICICI Bank.CessationResignationKey Managerial PersonnelChief Financial OfficerMr.Ghanshyam Rawat2026-09-21trueCessationResignationKey Managerial PersonnelOthersPresident and Chief Risk OfficerMr.Ashutosh Atre2026-09-21trueMr.Ghanshyam RawatChief Financial Officer2026-06-212026-09-21trueDue to Personal and Professional CommitmentsMr.Ashutosh AtreOthersPresident and Chief Risk Officer2026-06-212026-09-21trueDue to Personal and Professional Commitments