CFO and Chief Risk Officer resign; internal replacements appointed

Cfo ResignedKmp ResignedManagement Changes View source PDF

AAVAS · price

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▲ 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

-1.2%1-day move

₹1473.10

prior close

₹1360.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+5.0+4.3+4.4+4.6-1.2+0.9+1.4+1.2+3.5+2.7-1.6-2.5——

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AI summary

Aavas Financiers board accepted the resignations of President and CFO Ghanshyam Rawat and President and Chief Risk Officer Ashutosh Atre, effective September 21, 2026. Both cited personal and professional commitments and are on garden leave from June 21. Internal appointees Ghanshyam Gupta (Interim CFO, 18+ years experience, 9+ years at Aavas) and Punit Purushottam Agarwal (Interim CRO for one year, 13 years experience, 9 years at Aavas) take over from June 22, 2026.

Likely market impact

CFO and CRO exit with three months notice; smooth internal succession as both successors are long-tenured Aavas veterans, reducing transition risk.