Arohan Financial Services Limited | Annual Report 2022-23

175 | Annual Report | 2022-2023 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 Anirudh Singh G Thakur - Company Secretary Ranjan Das - Chief Risk Officer Bharat Sondur - Chief Business Officer (joined on December 29, 2021 till March 31, 2023) 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 Aavishkaar Venture Management Services Private Limited Intellecap Advisory Services Private Limited Intellectual Capital Advisory Services Private Limited Aavishkaar Capital Advisory LLP Aavishkaar Foundation Ashv Finance Limited (Erstwhile Jain Sons Finlease Limited) Shivalik Small Finance Bank (w.e.f. August, 08, 2022) Ulink Agritech 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 2023 Year ended 31 March 2022 Loan availed Shivalik Small Finance Bank 1,000.00 - Loan repaid (Including interest) Shivalik Small Finance Bank 141.31 - Accrued finance cost on loan availed (gross) Shivalik Small Finance Bank 8.38 - Loan processing charges on loan availed (gross) Shivalik Small Finance Bank 2.73 - Fixed deposit Shivalik Small Finance Bank 283.15 - Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2023 (Contd.) (All amounts in ` lakhs unless otherwise stated)