With regards to the above mentioned subject, the following business has been transacted through postal ballot by voting through electronic means completed as on 15th May, 2026 at 5:00 P.M
Awaiting price reaction for this filing.
Avasara Finance Limited has completed a postal ballot through remote e-voting on May 15, 2026. Three resolutions were passed: (1) Change of company name from 'Avasara Finance Limited' to 'BYLD Capital Finance Limited' with consequential changes to Memorandum and Articles of Association, (2) Appointment of Mr. Venkatraman Venkitachalam as Non-Executive Non-Independent Director, and (3) Appointment of Mr. Eugene Oommen Koshy as Non-Executive Non-Independent Director. All resolutions were approved through electronic voting, with formal results to be communicated after receipt of the Scrutinizer's report.
The name change to 'BYLD Capital Finance Limited' indicates a rebranding initiative. The appointment of two Non-Executive Non-Independent Directors strengthens the board with shareholder-aligned representatives, which may signal a shift in strategic direction or increased promoter group involvement.