Aavas Financiers Limited has received approval from the Reserve Bank of India (RBI) for the appointment of Mr. Manu Yeshpal Singh as its Managing Director. The approval, dated September 17, 2026, confirms Mr. Singh’s position for a tenure of 5 years. This appointment is subject to further approval by the company’s Board of Directors and will be updated accordingly. The company also confirmed the information will be available on its website.
RBI Greenlights Key Leadership Appointment
Aavas Financiers Limited announced today that it has secured the necessary approval from the Reserve Bank of India (RBI) for a crucial leadership transition. The RBI, via a letter dated September 17, 2026, has officially sanctioned the appointment of Mr. Manu Yeshpal Singh as the Managing Director of the company.
Details of the Appointment
Mr. Manu Yeshpal Singh (DIN: 11687234) will serve as the Managing Director for a substantial tenure of five (5) years, commencing from his official date of appointment. This approval follows a previous intimation on April 20, 2026, which had indicated Mr. Singh’s appointment, pending regulatory and shareholder approvals. The company will provide further updates once the appointment is formally ratified by the Board of Directors.
Information Dissemination
The details of this significant appointment will be made available on the official website of Aavas Financiers Limited at www.aavas.in. The event of information occurrence was recorded on September 17, 2026, at 04:59 P.M. (IST).
Source: BSE
