5419882026-05-012026-05-015419882026-05-015419882026-05-01ChangeInManagementDomain15419882026-05-012026-05-01ChangeInManagementDomain15419882026-05-01ChangeInManagementDomain25419882026-05-012026-05-01ChangeInManagementDomain25419882026-05-01ResignationOfDirectorOrKeyManagerialPersonnelOrSeniorManagementPersonnelOrComplianceOfficerDomain15419882026-05-012026-05-01ResignationOfDirectorOrKeyManagerialPersonnelOrSeniorManagementPersonnelOrComplianceOfficerDomain1xbrli:pureAAVASAavas Financiers Limited541988NOTLISTEDINE216P01012trueListed Entity (self)false2026-05-0113:30:002Pursuant to the provisions of Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), we hereby inform you that Mr. Selvin Uthaman, Chief Business Officer and SMP of the Company, has tendered his resignation. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company through circular resolution passed on May 01, 2026 has: 1. accepted the resignation of Mr. Selvin Uthaman from the position of the Chief Business Officer, with effect from the close of business hours on May 01, 2026. 2. approved the change of role and designation of Mr. Ripudaman Bandral (SMP), who is currently designated as the Chief Credit Officer of the Company, has been appointed as the Chief Business Officer of the Company with effect from May 02, 2026. 2026-05-01CessationResignationSenior Management PersonnelChief Business OfficerMr.Selvin Uthaman2026-05-01trueChange in designationSenior Management PersonnelChief Business OfficerChief Credit OfficerMr.Ripudaman Bandral2026-05-02Mr.Selvin UthamanChief Business Officer2026-05-012026-05-01truePersonal and Professional Commitment