Brief history of the CompanyThe Company was incorporated as `Au Housing Finance Private Limited' on February 23, 2011, as a private limited company under the Companies Act 1956, with a certificate of incorporation granted by the RoC. Pursuant to a special resolution passed by the shareholders on January 10, 2013, the Company was converted into a public limited company and the name was changed to `AU Housing Finance Limited'. Consequently, the RoC certified the change of name upon conversion to a public limited company on January 11, 2013. Thereafter, pursuant to a special resolution passed by the shareholders on February 23, 2017, the name of the Company was changed to`Aavas Financiers Limited' and, consequently, a fresh certificate of incorporation dated March 29, 2017 wasissued by the RoC.In terms of a certificate of registration dated August 4, 2011 issued by the NHB, bearing serial number 08.0095.11, the Company was registered as a `housing finance institution without accepting public deposits'. Subsequently, the NHB issued a certificate of registration dated February 8, 2013 bearing serial number 02.0104.13 consequent to the conversion of the Company into a public limited company. Subsequently, upon the change of the name to `Aavas Financiers Limited', the NHB issued a certificate of registration dated April 19, 2017 to the Company, bearing serial number 04.0151.17.Pursuant to a certificate of registration dated December 8, 2017, issued to the Company by the IRDAI, we have been authorised to act as a corporate agent (composite) under the Insurance Act and the Corporate Agents Regulation, 2015.Major events and milestones:2011- Incorporation of the Company as Au Housing Finance Private Limited- The Company was registered with NHB as a `housing finance institution without accepting public deposits'2012- The Company received its first rating "BBB /Stable" from CRISIL for long term bank facilities of ? 1,000 million2013- The Company was converted into a public limited company and the name was changed to AU Housing Finance Limited- Consequent to the conversion of the Company into a public limited company, the NHB issued a fresh certificate of registration- The Company received its first refinancing assistance from NHB2014The Company issued its first tranche of non-convertible debentures ("NCDs")2015- The Company entered into its first pool buyout transaction in housing loan priority sector- Pursuant to a notification dated December 18, 2015 issued by the Central Government, the Company was identified as a `financial institution' under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 20022016- Received investment from Lake District, Kedaara AIF-1, Master Fund and ESCL (defined hereinafter)- We were assigned "[ICRA] A with a stable outlook' by ICRA for long term facilities of ? 5,000 million- The Company received its first subsidy from NHB under `CLSS-PMAY'2017- The name of the Company was changed to Aavas Financiers Limited- We were assigned "Care A ; Stable" from CARE for long term bank facilities of ? 3,850 million and for long term subordinated debt of ? 500 million- Consequent to the change in the name of the Company, a fresh certificate of registration was issued by the NHB- The Company entered into first `pass through certificate' ("PTC") transaction with IDBI Trusteeship Services Limited2018- Upgradation of our CARE rating to "Care A ; Positive" for long term facilities of ? 10,120 million and for long term subordinated debt of ? 1,000 million- Upgradation of our CRISIL rating to "CRISIL A / Stable" for long term facilities of ? 5,570 million- Assignment of our ICRA rating to "[ICRA]A / Positive" for bank limits of ? 12,400 million and for NCDs of ? 3,500 million; and "[ICRA] A1 " for commercial paper of ? 500 million.Awards and accreditations:2016- Received the ASSOCHAM Excellence Award for being the "Best Housing Finance Company" in the affordable housing segmentCertifications- The management system for customer complaint handling of the Company has been certified to be in compliance with ISO 10002:2014 standard in respect of customer satifisfaction and complaint handling process pursuant to a certificate of registration (CCH 04 00002) dated June 13, 2018. The certificate is valid until June 12, 2021.- The management system of the Company has been certified to be in compliance with ISO 9001:2015 standard in respect of the provision of lending process; e disbursements and client servicing including redressal mechanism pursuant to a certificate of registration (QM 04 00469) dated June 13, 2018. The certificate is valid until June 12, 2021. 2016 -Aavas Financiers Ltd was awarded ASSOCHAM Excellence Award for being the best housing finance company in affordable housing in 2016. 2022 -Aavas Financiers Ltd. has been conferred the BEST NBFC for the year 2020-21 in FE India's Best Banks Awards. -Aavas Financiers Ltd is now Certified Great Place to Work. 2023 -Aavas Financiers Limited received ICAI Sustainability Reporting Awards 2022-23'under Silver Category for Excellence in BRSR-Mid Cap.