Aptus announces resignations of nominee directors
Mr. Sumir Chadha and Mr. K. P. Balaraj have resigned from the board of directors of Aptus Value Housing Finance India Limited, effective September 25, 2025. Their resignations follow the complete disinvestment of equity shareholding in the company by Westbridge Crossover Fund, LLC and its affiliated entities.
With this divestment, Westbridge Crossover Fund, LLC and its affiliates no longer hold any shares in Aptus Value Housing Finance India Limited, leading to the resignation of their nominee directors. The company expressed its appreciation for their valuable contributions during their tenure.
Mr. Chadha served as a non-executive, nominee director and a member of the Nomination and Remuneration Committee. Mr. Balaraj held roles as a non-executive, nominee director and a member of the Audit Committee, IT Strategy Committee, and Stakeholders' Relationship Committee. Both resignations are in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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