Aptus Value Housing Finance India announces the resignation of nominee directors, Mr. Sumir Chadha and Mr. K. P. Balaraj, effective September 25, 2025. This follows the complete disinvestment of equity shareholding by Westbridge Crossover Fund, LLC and its affiliates. The company acknowledges the valuable contributions of both directors during their tenure.
Director Resignations
Mr. Sumir Chadha and Mr. K. P. Balaraj, nominee directors representing Westbridge Crossover Fund, LLC, have resigned from the Board of Directors of Aptus Value Housing Finance India. Their resignations took effect on September 25, 2025.
Reason for Resignations
The resignations are a direct consequence of the complete disinvestment of equity shareholding held by Westbridge Crossover Fund, LLC, and its affiliated entities within the company. With Westbridge no longer holding shares, their nominee directors have stepped down.
Company Acknowledgment
Aptus Value Housing Finance India has formally acknowledged the contributions of both Mr. Sumir Chadha and Mr. K. P. Balaraj during their time serving on the Board. The company recognizes their service and input during their tenure as directors.
Source: BSE
