Dear Sir, Pursuant to Regulation 30 of LODR, we wish to inform Mr. Sabarinath Gopala Krishnan has resigned on 11th August 2025 as Non- Executive and Non - Independent Director of the company.
Awaiting price reaction for this filing.
Mr. Sabarinath Gopala Krishnan (DIN: 08479403) has resigned as Non-Executive, Non-Independent Director of Avasara Finance Limited, effective close of business hours on 11th August 2025. He cited personal commitments as the reason and confirmed there are no other material reasons for his exit. Notably, he had been on the board only since 14th February 2025, making his tenure roughly six months. He held no other directorships or committee memberships in listed entities. The disclosure has been made under Regulation 30 of SEBI LODR.
A single non-executive, non-independent director exiting for personal reasons after a short stint is unlikely to materially affect operations or the stock price. Investors should watch whether the company announces a replacement to maintain board strength.