Pursuant to the provision of Reg 30 SEBI LODR, 2015, attached herewith outcome of AGM of the Company held today i.e. 25th September, 2025 12:00 Noon to 01:00 PM.
Awaiting price reaction for this filing.
Avasara Finance Ltd (formerly TRC Financial Services Limited) held its 31st AGM on September 25, 2025, via video conferencing from 12:00 noon to 1:00 PM. Members approved the audited financial statements for the financial year ended March 31, 2025, along with the Board's and Auditor's reports. Mr. Korodi Sanjay Prabhu (DIN: 00023196) was re-appointed as Director, having retired by rotation. Additionally, Mr. Vinu Mammen (DIN: 10710860) was appointed as Whole-Time Director through a Special Resolution. The meeting concluded within an hour with all resolutions passed.
Routine AGM outcome with no major financial or strategic surprises for shareholders. The appointment of a new Whole-Time Director signals a potential strengthening of the management team, though no immediate material impact on share price is expected from this filing.