Aavas Financiers Refutes Rumors on Loan Classification and NHB Refinancing

Aavas Financiers has issued a clarification refuting media reports that alleged discrepancies in its loan classifications, reversal of National Housing Bank (NHB) refinancing facilities, and related management changes. The company called the reports misleading, malicious, and speculative, and not an accurate portrayal of its engagement with NHB. It clarified that an ongoing NHB inspection is a routine regulatory exercise and does not constitute any adverse finding, penalty, or direction to reverse facilities. No disclosure under SEBI Listing Regulations is warranted at this stage, per the company.