AAVASNSEAavas Financiers LimitedHighNegative
Announced Sun, 21 Jun, 2026 · 17:51 IST

Aavas Financiers: CFO and Chief Risk Officer resign; internal replacements named

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

AAVAS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-1.0%Reaction day
₹1473.10
prior close
₹1360.00
announcement price
After-mkt
timing
Nifty Smallcap 250market+0.8%-1.7% vs market
Housing Finance Company peers, median of 17sector+0.3%-1.3% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Smallcap 250 and 1.3 pts less than its Housing Finance Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+5.0
10m
+4.3
15m
+4.4
30m
+4.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.0+0.8-1.7+0.3-1.3
Next day
-1.2+0.2-1.4-0.8-0.4
2d
+0.9+0.4+0.5+0.0+0.9
3d
+1.4-0.1+1.4-0.0+1.4
4d
+1.2-0.5+1.7-1.5+2.7
5d
+3.5+0.0+3.5-0.9+4.4
1w
+2.7+1.5+1.2+0.4+2.4
15d
-1.6+1.5-3.1+1.5-3.1
1m
-2.5+0.8-3.3-2.1-0.4
2m
-9.5+3.7-13.3-9.9+0.4
3m
-10.8+3.1-13.9-11.0+0.3
UpDownMarket · Nifty Smallcap 250Sector · Housing Finance Company peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Aavas Financiers Board has accepted resignations of Mr. Ghanshyam Rawat (President and CFO) and Mr. Ashutosh Atre (President and Chief Risk Officer), effective September 21, 2026. Both cited personal and professional commitments and will be on garden leave until then. As replacements, Mr. Ghanshyam Gupta (18 plus years exp, 9 plus at Aavas) takes over as Interim CFO, and Mr. Punit Purushottam Agarwal (13 years exp, 9 at Aavas) is named Interim Chief Risk Officer for one year. Both start June 22, 2026. Replacements are internal and well-versed with the business.

Likely market impact

Continuity maintained as both replacements are internal with 9 plus years at Aavas; orderly transition over a three-month garden leave period.