Apollo Finvest (India) Limited, at its board meeting held on July 24, 2018, approved: the resignation of Mr. Akash Valia as an Independent Director of the company; appointment of Dr. Kruti Khemani as an Independent Director of the company; appointment of Mr. Mikhil Innani as an Additional Director of the company; and change in the designation of Mr. Mikhil Innani as Managing Director of the company. Anju Innani has resigned as managing director. Innani had joined the company in 1996 as its board member. Innani will be replaced by Mikhil Innani.