Aavas Financiers Ltd has issued a clarification after a media report referred to alleged discrepancies in certain loan classifications, a purported reversal of refinancing facilities by the National Housing Bank (NHB), and management changes linked to the matter.
In its filing dated June 22, 2026, the company rejected the allegations and described the report as an inaccurate representation of its engagement with NHB.
The company noted that NHB is currently conducting an inspection as part of its regular regulatory and refinancing oversight framework.
Such inspections, audits, and supervisory reviews are carried out across housing finance companies and form a routine element of the sector's regulatory process. Aavas stated that the inspection remains underway and has not reached a conclusion.
According to the filing, routine inspections should not be interpreted as adverse regulatory findings or enforcement measures. Aavas clarified that it has not received any direction from NHB to reverse or repay refinancing facilities.
The company also rejected suggestions that management-related developments were connected to any action involving refinancing arrangements.
The filing further noted that any material development requiring disclosure under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, would be communicated through the prescribed channels.
Based on the information currently available, the company stated that no such disclosure requirement has arisen.
Aavas also referred to its underwriting standards, internal controls, risk management processes and compliance framework.
The company noted that these systems are reviewed periodically as part of its operating and governance practices.The filing also added that underwriting matters continue to receive appropriate attention within the organisation.
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As of June 22, 2026, 1:08 pm, Aavas Financiers share price was trading at ₹1,465.00, down 0.47% from the previous closing price.
The company clarified that no directive has been issued by NHB regarding the reversal or repayment of refinancing facilities. It also noted that the inspection is part of normal regulatory oversight.
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Published on: Jun 22, 2026, 2:05 PM IST
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