Arohan Financial Services Limited | Annual Report 2021-22

202 | Annual Report | 2021-2022 Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March, 2022 (Contd.) (All amounts in ` lakhs unless otherwise stated) 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 Bharath Sondur - Chief Business Officer (since December 29, 2021) Ranjan Das - Chief Risk Officer 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 Intellectual Capital Advisory Services Private Limited Ulink Agritech Private Limited Aavishkaar Foundation Aavishkaar Capital Advisory LLP Intellecap Advisory Services Private Limited Enterprise over which KMP have significant influence or control Tribetech Private Limited B. Nature of transactions with related parties: Name of party with nature of transaction Year ended 31 March 2022 Year ended 31 March 2021 Issue of equity shares (including securities premium) Aavishkaar Venture Management Services Private Limited - 2,000.00 Intellectual Capital Advisory Services Private Limited - - Loan taken Aavishkaar Venture Management Services Private Limited - 1,500.00 Loan repaid 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