AAVAS Financiers Ltd

Aavas Financiers Appoints New CEO & Reports Strong Growth 📈

• Appointed Mr. Manu Singh as new Managing Director & CEO effective April 21, 2026

• Manu Singh has over 25 years of experience, previously President Business Head at Kotak Mahindra Bank

• Expanded branch network by 38 branches, reaching 435 branches nationwide

• 36% quarter-on-quarter disbursement growth in Q4 FY26

• 16% year-on-year disbursement growth in Q4 FY26

• Outgoing MD Sachinder Bhinder transitions to senior advisor role

• Company maintains focus on disciplined growth and robust asset quality

• Continued emphasis on prudent underwriting, compliance, and technology investments