We wish to inform that the Board of Directors of the Company, at its meeting held today has approved and noted attached agendas. The said results may be accessed on the Company's website ....
Awaiting price reaction for this filing.
The Board of Directors of Avasara Finance Ltd met on 9th October 2025 and approved the Un-Audited Financial Results for Q2 and Half-year ended 30th September 2025, along with the Limited Review Report, Cash Flow Statement, and a Declaration of Unmodified Opinion under SEBI Listing Regulations. The Board also appointed Mr. Eugene Oommen Koshy (DIN: 02357608) as an Additional Non-Executive Non-Independent Director, who will serve on the Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee, and Investment Committee. Separately, Mr. Korodi Sanjay Prabhu (DIN: 00023196) tendered his resignation as Non-Executive Non-Independent Director and as a member of the Audit Committee and NRC, effective 9th October 2025, citing personal commitments. The Board meeting ran from 12:00 noon to 3:45 PM.
Net effect on the Board is neutral — one director has exited and one has been appointed, maintaining board strength. The unmodified auditor opinion on Q2/H1 results is a positive governance signal, though investors should review the actual financial performance numbers for any material changes in earnings or asset quality.