Arohan Annual Report FY 20-21

Note 45: Information on related party transactions as required by Ind AS - 24: A. List of related parties Relationship Name Key Managerial Personnel (KMP) Manoj Kumar N Nambiar - Managing Director Milind R Nare - Chief Financial Officer Ranjan Das - Chief Risk Officer (w.e.f 01 March 2020) Anirudh Singh G Thakur - Company Secretary Directors Dinesh Kumar Mittal (Independent Director) Vineet Chandra Rai (Director) Anurag Agarwal (Director) Matangi Gowrishankar (Independent Director) Rajat Mohan Nag (Independent Director) Sumantra Banerjee (Independent Director) Entities which are able to exercise control or have significant influence Aavishkaar Goodwell India Microfinance Development Company-II Limited Tano India Private Equity Fund II Entities under common control Ashv Finance Limited (Erstwhile Jain Sons Finlease Limited) Aavishkaar Venture Management Services Private Limited Ulink Agritech Private Limited Aavishkaar Capital Advisory LLP Andromeda Sales And Distribution Private Limited (till 01 September 2020) Intellecap Advisory Services Private Limited Enterprise over which KMP have significant influence or control Tribetech Private Limited B. Nature of transactions with related parties: Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2021 (Contd.) Name of party with nature of transaction Year ended 31 March 2021 Year ended 31 March 2020 Issue of equity shares (including securities premium) Aavishkaar Venture Management Services Private Limited 2,000.00 6,000.00 Intellectual Capital Advisory Services Private Limited - 7,000.00 Loan taken Aavishkaar Venture Management Services Private Limited 1,500.00 - Loan repaid Ashv Finance Limited - 4.50 Aavishkaar Venture Management Services Private Limited 1,500.00 - Transfer of MSME business Ashv Finance Limited 6,305.16 - Security deposit received Tribetech Private Limited 0.12 52.83 Security deposit invoked Tribetech Private Limited 2.92 49.69 Interest paid Ashv Finance Limited - 0.07 Aavishkaar Venture Management Services Private Limited 20.55 - Professional/ business support fees Tribetech Private Limited 0.59 21.74 Andromeda Sales And Distribution Private Limited - 32.32 Aavishkaar Venture Management Services Private Limited 34.09 17.60 Intellecap Advisory Services Private Limited 169.69 37.02 Ashv Finance Limited 1,703.51 - Reimbursement of expenses paid Tribetech Private Limited - 0.36 Intellecap Advisory Services Private Limited 3.34 3.34 Ashv Finance Limited 0.14 - Aavishkaar Venture Management Services Private Limited - 0.46 Reimbursement of cost received Tribetech Private Limited - 3.91 Ashv Finance Limited 22.84 0.26 Intellectual Capital Advisory Services Private Limited 1.87 1.04 Intellecap Advisory Services Private Limited 1.75 2.96 Aavishkaar Venture Management Services Private Limited 0.29 1.48 Commission income Ulink Agritech Private Limited 28.79 22.02 Annual Report | 2020-2021 172