Aavas Financiers approves amendments to articles of association

AAVAS Financiers Limited announced the successful completion of its 26th Extraordinary General Meeting (EGM) on March 28, 2025, where shareholders approved key amendments to the company's Articles of Association. These changes, passed via special resolutions, relate to the structure and composition of the Board of Directors, with a focus on integrating Aquilo House Pte. Ltd.'s nominations following its share acquisitions. The alterations include increasing the maximum number of directors, incorporating director nomination rights for the Promoter, and defining the appointment protocols for committees.