Aptus Value Housing Finance India Limited has informed the Exchange about change in Management
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Aptus Value Housing Finance India has carried out a senior management reshuffle effective May 7, 2025. The existing CFO, Mr. John Vijayan Rayappa, resigned from the CFO post and has been appointed as Chief Risk Officer for a three-year term. The existing CRO, Mr. Vijayaraghavan K, has stepped down as CRO and moved into the role of Head - Internal Audit. To fill the CFO vacancy, the board appointed Mr. Sanjay Mittal as the new Chief Financial Officer and Key Managerial Personnel, bringing in over 22 years of experience from prior leadership roles at Hinduja Leyland Finance, SREI Infrastructure Finance and Reliance Industries. All three changes were recommended by the Nomination and Remuneration Committee, with the Audit Committee and Risk Management Committee also involved as applicable.
This is largely an internal reshuffle with one external hire for the CFO seat, so disruption risk is limited. Investors will watch how smoothly the new CFO settles in and whether the risk and audit functions continue to perform under the new structure.