Schedule of Charges

Soundravalli V

Manager & CFO

Ms. Soundravalli is a member of the Institute of Chartered Accountants of India. She brings over 10 years of experience in the NBFC and financial services sector. Prior to joining Aptus, she has been associated with Star Health and Allied Insurance, IIFL Samasta Microfinance, Varashakti Housing Finance and Samunnati Financial Services. She brings experience in Financial Planning & Analysis, Financial Reporting, Treasury and Fund Raising, lender & Investor Management, handling Due diligence, Regulatory Compliance, Risk Management and Financial Strategy along with broader finance and business support functions.

Mr. Subba Rao N.V.

Independent Director

Mr. Subba Rao N.V. is a Independent Director of our Company with academic background in Mechanical Engineering and over two decades of experience in driving organizational growth, innovation and strategic guidance in the field of safety, risk management, and environmental sustainability across diverse industries. He has a proven track record of successfully building and scaling businesses, having played a pivotal role in the growth of Cholamandalam MS Risk Services, a joint venture between Murugappa Group and Mitsui Sumitomo Insurance. Under his leadership on safety and risk management initiatives, the company grew from its inception to become the largest employer of safety and sustainability consultants in India. He is a Director on the Board of Murugappa Water Technology and Solutions Private Limited. He is an Independent Director on the Board of Aptus Value Housing Finance India Limited. He is also a Board Member of the Inogen Alliance, which focuses on implementing best practices in Environmental, Health, Safety, and Sustainability consulting.

M Anandan

Non-Executive Director and Chairman

Mr. M Anandan is a Non-Executive Director and Chairman on the Board of our Company. He is the founder and Executive Chairman of the holding company, Aptus Value Housing Finance India Limited. He is a Member of the Institute of Chartered Accountants of India. He had an illustrious career of over four decades in the financial services industry majority part of which was in Murugappa Group (1976-2008). He was Executive Director (1997-2000) Managing Director (2000 – 2006) of Cholamandalam Investments and Finance. He was also a Managing Director (2006-2008) of Cholamandalam MS General Insurance Company, a Joint Venture with Mitsui Sumitomo, a leading Japanese Insurance Group. He was also CEO / Director of the Financial Services Businesses in Murugappa Group.

Mr.R Umasuthan

Umasuthan is an experienced advocate who has 30+ years of experience in advising and assisting Banks, Financial Institutions and Non-Banking Financial Companies for effective, compliance, credit control and recovery. He has also carved a niche in resolving Non Performing Assets through Garnishee order, attachment before judgement, seizure etc. He is well versed in real estate matters, scrutiny of title deeds and documents and rendering legal opinion as to its correctness and marketability. He is also a panel advocate for leading Nationalized Banks namely State Bank of India, Canara Bank, Punjab National Bank, Bank of India, Bank of Baroda and Small Industries Development Bank of India. Umasuthan holds a bachelor’s degree in law, Post Graduate Diploma in Industrial Relations and Personnel Management and Post Graduate Diploma in Foreign Trade Management.

Sanin P

Company Secretary & Compliance Officer

Sanin Panicker is the Company Secretary and Compliance Officer of our Company. He holds a bachelor’s degree in commerce from the University of Kerala. He has various years of experience in the consulting and finance sectors. He was previously associated with Madura Micro Finance Limited. He joined our Company as the Company Secretary on August 11, 2020.

Naveen Kumar R

Head of Operations

Naveen has almost 10 years of varied experience in Financial services and more importantly in the Housing Finance Industry and has been mostly associated with hands on work experience in handling operations at various levels of the company and at present leading the Operations and Customer Care Unit of the company. He has strong analytical and technical skills combined with procedural experience in supervising the Loan Origination System and Loan Management System, Portfolio analytics, Risk assessment and customer service operations. Naveen is a graduate in engineering and also holds Post graduation degree in Master of Business Administration (MBA) from Anna University.

Azhaladi N

AVP & GM – Receivables

Azhaladi has more than 15 years of experience in managing retail portfolios including receivables, most of which in Housing Finance. He has rich experience in NPA resolution, more particularly with SARFAESI implementations. Mr. Azhaladi is experienced in handling large collection teams across branches, implementing specific strategies for soft and hard bucket loan accounts and has a a special skill for out of the court settlements. He has piloted the launch of mobile field collections to achieve NIL transaction loss and also eliminate other revenue losses. He has also formulated strategies to reduce collections cost to improve productivity. Prior to joining Aptus, he was associated with organizations including Natrust, Kotak Mahindra, GE Money and HDFC Bank in various capacities. Azhaladi is an MBA graduate from Madurai Kamarajar University and also holds an LLB from Bangalore University.

Ramesh K

Sr. AVP & GM – Credit

Ramesh has more than 15 years of experience in areas of Credit & Risk Management, Fraud Control and operations in retail finance. He has very good exposure in portfolio analysis, learning and implementation of same in future funding like infant delinquency analysis, lagged delinquency analysis. He has handled a large retail portfolio and was instrumental in the Pilot launch of Credit based Risk Model across Pan India. He had made immense contributions towards many initiatives including optimum utilization of resources, popularly known as lean cell management, Portfolio analysis, managing customer service operations. He was also involved in the launch of the TAB project for processing Credit application of retail finance. Prior to joining Aptus, he was associated with Cholamandalam Investments and Finance, Barclays, ICICI Bank and GE Capital. Ramesh holds MBA from Madras University.

Sundara Kumar V

Sr. AVP & GM – Legal & Recovery

Sundara Kumar has over 14 years of legal experience in financial services, housing finance / mortgages, in particular. He was earlier associated with Standard Chartered Bank looking after the legal function relating to retail and mortgages portfolio. His experience in title deed scrutiny, SARFAESI and arbitration procedures is also good and relevant. Prior to this he was associated with M/s. King & Partridge, Law firm. Sundara Kumar holds B.com, B.L., from Madras University. Also he had completed the ICWAI (Inter) and ACS (Inter).

Amit K

Sr. Vice President – Finance

Amit is a Senior Finance Professional with 16+ years of rich experience with diversified industries including Housing Finance, NBFC, Digital Payment Solutions, Automobile, Life Insurance, and Consulting. He is experienced in leading a wide spectrum of Financial Strategies, Financial Planning, Taxation, Treasury, Audits, Controls, M&A, Compliances and Accounts Operations. He is a member of the Institute of Chartered Accountants of India. Prior to joining Aptus, Amit was associated with Hitachi Payments, Edelweiss Housing Finance, Mahindra & Mahindra, Birla Sun Life Insurance, and Ernst Young.

Srikanth N

Vice President – Human Resource

Srikanth has an overall 20+ years, of qualitative experience in Human Resource. Srikanth is well versed with the entire recruitment cycle, Manpower planning, Induction, Employee Relations and Engagement, Payroll and Taxation, Statutory Compliances, Labour Laws, Originate HR Policies, Retention of Employees, Grievance Handling, Exit, Benchmarking and IRIS. Prior to Aptus, Srikanth was associated with CSS Corp Pvt Ltd, (Software Development and Testing Division), Viveks Ltd and Sundram Fasteners Ltd (TVS). He had done automation for Payroll, employee attendance, E-Documentation for employee personal files. He was a process champ for ISO and PCMM certifications. Srikanth holds a Master’s degree (MHRM) in Human Resources from Pondicherry University.

Mr. Anto Abinash

Company Secretary & Compliance Officer

Mr. Anto Abinash is a member of Institute of Company Secretaries of India. He holds a degree of Bachelor of Commerce from Loyola College, Chennai. He possesses extensive experience in managing compliance for a diverse range of financial services companies, including Non-Banking Financial Companies (NBFCs), Alternative Investment Funds (AIFs), Fintech startups, publicly listed corporations, and emerging startups. Before joining Aptus, he served as the Company Secretary and Compliance Officer at Coromandel Engineering Company Limited.

Mr. U. Harish

Chief Financial Officer

Mr. U. Harish is a member of the Institute of Chartered Accountants of India with over 7 years of post-qualification experience spanning financial reporting, regulatory compliance, and credit underwriting in the banking and NBFC sectors. Before joining Aptus, he held key finance roles at IDFC First Bank and Protium Finance Ltd, gaining extensive exposure to mortgage, home, and unsecured loan portfolios. With strong leadership skills, he has supervised teams and collaborated with departments across finance, legal, and IT. His credit experience includes underwriting large-ticket mortgage loans and analyzing borrower financials for risk assessment. Harish is also a CMA Finalist and holds a certified course in IND AS from ICAI.

Soundravalli V

Manager & CFO

Ms. Soundravalli is a member of the Institute of Chartered Accountants of India. She brings over 10 years of experience in the NBFC and financial services sector. Prior to joining Aptus, she has been associated with Star Health and Allied Insurance, IIFL Samasta Microfinance, Varashakti Housing Finance and Samunnati Financial Services. She brings experience in Financial Planning & Analysis, Financial Reporting, Treasury and Fund Raising, lender & Investor Management, handling Due diligence, Regulatory Compliance, Risk Management and Financial Strategy along with broader finance and business support functions.

Subramaniam G

Executive Director – Chief Of Business & Risk

G Subramaniam, (GS ) has rich experience in the areas of operations, accounting, internal audit, risk management, fraud control, credit management, collections, recovery and legal. Before joining Aptus, he was with Cholamandalam as Associate Vice President. Prior to Cholamandalam, he has worked in organizations like SRF Limited, Reliance Industries Ltd. GS has made immense contributions towards many initiatives including delinquency management system, creating robust process controls, Enterprise risk framework, fraud control manual etc. He has presented various papers in seminars conducted by ICAI, Institute of Internal auditors on fraud control, Internal audit. GS is a member of the Institute of Chartered Accountants of India trained under Fraser and Ross Chennai, Member of Institute of Internal auditors USA, Member of Certified Information system auditor USA, Member of Certified fraud examiner USA. He has passed the Senior Management Program from the Indian Institute of Management Calcutta. He was among the top performers and identified as future leader and underwent the Business Leadership Program organized by the Murugappa Group in association with IIMB.

Balaji P

Non-executive Director

Balaji P is a Non-executive Director on the Board of our Company. He is also the Managing Director of the holding company, Aptus Value Housing Finance India Limited. He holds a bachelor’s degree in commerce from the University of Madras. He is also a member of the Institute of Chartered Accountants of India. He has various years of experience in the textiles, telecom and finance sectors. He has worked with the Bombay Dyeing and Manufacturing Company Limited, Hutchison Max Telecom Limited and Cholamandalam MS General Insurance Company Limited.

Suman Bollina

Non-Executive Director

Suman Bollina is a Non – Executive Director on the Board of our Company. He holds a bachelor’s degree in engineering from the Birla Institute of Technology and Science and a global MBA degree from S.P. Jain Center of Management. He is the executive managing partner of Sri Santhi Corporation. He has over 10 years of experience in development of residential lay outs and design, construction and sale of apartments. He is also on the board of our Subsidiary, Aptus Finance India Private Limited.

KP Balaraj

Nominee Director

Kanarath Payattiyath Balaraj is a Non–Executive Nominee Director on the Board of our Company. He holds a bachelor’s degree in business management from Brigham Young University, Hawaii where he was a valedictorian and a master’s degree in business administration from Harvard Business School. He has previously worked at WestBridge Capital India Advisors Private Limited and has several years of experience in the investment industry. He is also a partner at Waimea Bay Advisors LLP.

Sumir Chadha

Nominee Director

Sumir Chadha is a Non – Executive Nominee Director on the Board of our Company. He holds a bachelor’s degree in computer science from Princeton University and a master’s degree in business administration from Harvard Business School. He is the co-founder of WestBridge Capital. He has several years of experience in the investment industry. He was previously also a director of Sequoia Capital India Advisors Private Limited. He currently serves on the boards of inter alia, India Shelter Financial Corporation Limited, Vistaar Financial Services Private Limited, Mountain Managers Private Limited and Star Health and Allied Insurance Company Limited.

Dr Shailesh J Mehta

Non-Executive Director

Shailesh Jayantilal Mehta is a Non – Executive Director on the Board of our Company. He holds a bachelor’s degree in technology (mechanical engineering) from Indian Institute of Technology, Bombay, a master of science degree in operations research from Case Western Reserve University and a doctorate in philosophy from Case Western Reserve University. He is also trustee emeritus at the California State University and has also been conferred with an honorary degree of Doctor of Humane Letters by the California State University. He currently serves as a partner at Granite Hill Capital Partners and is currently an operating advisor at WestBridge Capital US Advisors, LLC. He has several years of experience in the financial services industry. He currently serves on the boards of inter alia, Safari Industries (India) Limited, Manappuram Finance Limited, India Shelter Finance Corporation Limited and Vistaar Financial Services Private Limited.

VG Kannan

Independent Director

VG Kannan is a Non – Executive Independent Director of our Company. He holds a bachelor’s degree in business administration from Madurai Kamaraj University. He is also an associate of the Indian Institute of Bankers. He has also served as the chief executive of the Indian Banks’ Association. He has previously served as the deputy managing director of the State Bank of India. He also qualified the online proficiency self-assessment test for independent director’s databank conducted by the Indian Institute of Corporate Affairs. He has various years of experience in the banking industry. He is also on the boards of AU Small Finance Bank Limited, Ageas Federal Life Insurance Company Limited and OCM India Opportunities Arc Management Private Limited.

Mona Kachhwaha

Independent Director

Mona Kachhwaha is a Non – Executive Independent Director on the Board of our Company. She holds a post graduate diploma in business management from XLRI, Jamshedpur. She has completed the certification program in IT and cyber security for board members of Ujjivan Small Finance Bank Limited offered by the Institute for Development and Research in Banking Technology and also completed the FICCI CCG Women on Corporate Boards Mentorship Program offered by FICCI Centre for Corporate Governance. She has previously worked with Citibank N.A. and Caspian Advisors Private Limited. She has various years of experience in the financial services sector.

Krishnamurthy Vijayan

Independent Director

Krishnamurthy Vijayan is a Non-Executive Independent Director of our Company. He holds a bachelor’s degree in commerce from C.M. Dubey Post-Graduate College, Bilaspur and he has cleared the masters of arts examination conducted by the Guru Ghasidas University, Bilaspur. He has previously served as the managing director and chief executive officer of IDBI Asset Management Limited, managing director of JP Morgan Asset Management India Private Limited and chief executive officer of JM Financial Asset Management Private Limited and has various years of experience in the financial services industry. He is currently the chief executive officer of Tamil Nadu Infrastructure Fund Management Corporation Limited.

K M Mohandass

Independent Director

Kandheri Munuswamy Mohandass is a Non-Executive Independent Director of our Company. He holds a bachelor’s degree in science from the University of Madras. He is an associate and fellow of the Institute of Chartered Accountants of India. He is a partner in KM Mohandass & Co., Chartered Accountants. He has over three decades of experience in the financial services sector. He is also on the board of our Subsidiary, Aptus Finance India Private Limited.

S Krishnamurthy

Independent Director

Sankaran Krishnamurthy is a Non-Executive Independent Director of our Company. He holds a bachelor’s degree in science from the University of Madras. He is a certified associate of the Indian Institute of Bankers. He was the former deputy managing director of the State Bank of India, where he served for more than 38 years. He was also the managing director and chief executive officer of SBI Life Insurance Company Limited. He is also on the board of our Subsidiary, Aptus Finance India Private Limited.

M Anandan

Chairman & Managing Director

Mr M Anandan , Chairman and Managing Director.