Announced Wed, 1 Jul · 22:37 IST
CARE places Aavas AA rating on watch after senior exits
Credit & Debt View source PDF
AAVAS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹1520.50
prior close
₹1520.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.2+0.3-0.2-0.9-0.1-1.0-1.3-0.8-1.6-8.7———
Up moveDown movePending
AI summary
CARE Ratings placed Aavas AA rating on watch with developing implications covering Rs 13,522 crore of bank facilities and NCDs. Triggered by recent resignations of CFO and CRO, plus earlier exits of MD and CEO in April 2026. Aavas reported FY26 PAT of Rs 655 crore on AUM of Rs 23,452 crore with GNPA at 1.05 percent. Company has refuted media reports on NHB refinance audit. Rating stays at AA; watch may go up or down.
Likely market impact
Rating unchanged but under review due to leadership churn and NHB audit noise. Uncertainty may weigh on stock until watch is resolved.