People: Arman Financial Services Ltd (ARLF.BO)

ARLF.BO on Bombay Stock Exchange

75.00INR
4:52am EST
Price Change (% chg)

Rs2.50 (+3.45%)
Prev Close
Rs72.50
Open
Rs71.05
Day's High
Rs75.40
Day's Low
Rs68.00
Volume
12,221
Avg. Vol
7,549
52-wk High
Rs89.55
52-wk Low
Rs15.00

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Summary

Name Age Since Current Position

Chinubhai Shah

77 Non-Executive Independent Chairman of the Board

Jayendra Patel

61 Vice Chairman of the Board, Managing Director

Aalok Patel

2010 Compliance Officer, Executive Director

Amit Manakiwala

57 2011 Executive Director

Shashikant Thakar

2011 Company Secretary

Aditya Bhandari

31 2012 Non-Executive Director

Aakash Patel

33 2000 Non-Executive Director

Ritaben Patel

Non-Executive Independent Director

Kaushikbhai Shah

64 Non-Executive Independent Director

Lokesh Singh

32 2010 Non-Executive Independent Director

Biographies

Name Description

Chinubhai Shah

Mr. Chinubhai Ramanlal Shah is Non-Executive Independent Chairman of the Board of Arman Financial Services Ltd. He has more than 30 years of Senior Managerial and Board level experience in the corporate sector finally ending with M.D. position at the Ahmedabad Electricity Co. Ltd. Served as Professor of Law & Management at Gujarat University and Indian Institute of Management, Ahmedabad, for more than 25 years Guest Lecturer at ASCI, Hyderabad, MDI, New Delhi, AIMA, New Delhi as well as to many other institutions for than two decades, in the subjects of corporate laws, joint ventures, foreign collaborations and capital market. Mr. C. R. Shah is on the Board of many reputed Companies of India like Nirma Ltd., Adani Export Ltd., Meghmani Organics Ltd., Gujarat NRE Coke Ltd., H.K. Finechem Ltd., Tinplate Company of India Ltd. (Tata Company), Cadila Pharma Ltd. etc.

Jayendra Patel

Shri. Jayendra Bhai Patel is Vice Chairman of the Board, Managing Director of Arman Financial Services Ltd. He is a Science graduate from Gujarat University and having 25 years of business experience. Mr. Patel is the founder of the company and he has more than 20 years of Senior Managerial and board level experience in the corporate sector. Mr. Patel was in U.S.A. for a decade where he completed his education. After completing his education he joined business firm in USA namely KAPPS PHARMACEUTICALS INC. as Company Executive. During his stay in USA he successfully turned around two sick units into profitable position. Later he returned to India to concentrate and expand in the field of finance, he devoted fulltime attention to earstwhile ARMAN LEASE AND FINANCE LIMITED. Mr. Patel is a founder member of the Gujarat Finance companies Association and presently secretary of the Association.

Aalok Patel

Shri. Aalok J. Patel, CPA., is Compliance Officer, Executive Director of Arman Financial Services Ltd. He is having M. S. degree in Accounting & Finance from Drake University, USA. He is a licensed Certified Public Accountant (CPA) in the US and actively pursuing the Certified Financial Analyst (CFA) designation. He has worked as an accounting & finance intern for John Deere & Co, Working for Deere, he gained experiences in Farm Credit and risk analysis. He also was an independent Auditor working with KPMG and he excels in equity analysis and valuation also. His research has been quoted in reputed business journals.

Amit Manakiwala

Shri. Amit R. Manakiwala is Executive Director of Arman Financial Services Ltd. He is a B.Com from Gujarat University and having more than 25 years of business experience. He has been associated with the company since incorporation.

Shashikant Thakar

Aditya Bhandari

Mr. Aditya Bhandari is Non-Executive Director of Arman Financial Services Ltd. He is a Chartered Accountant. He has over seven years of experience in private equity, venture capital, investment banking and corporate finance.

Aakash Patel

Shri. Aakash J. Patel is Non-Executive Director of Arman Financial Services Ltd. He is well conversant with Information Technology and Management techniques. He is the Non Executive Director of the company since October 2000. He has over 8 years of computer and business experiences, which includes over 3 years of experience as a consultant with Deloitte, 2 years with Intellitools as a software developer, and amongst others companies such as Hewlett Packard and EMC Corporation. Currently, he works as a project manager for Softscape Inc. He is a Graduate with B.A. Computer Science, Business Management; Masters of Business Administration.

Ritaben Patel

Kaushikbhai Shah

Shri. Kaushikbhai D. Shah is Non-Executive Independent Director of Arman Financial Services Ltd. He is a Commerce Graduate & Chartered Accountant practising since 1975 in the areas of Income Tax & Audit. He has held prestigious post in the Western India Regional Council of the Institute of Chartered Accountants of India and at Ahmedabad Chapter level. He was Vice Chairman of WIRC of ICAI during the year 1989-90. He is a regular Column writer in the CA journal, Ahmedabad. He is also a visiting faculty at the Indian Institute of Management, Ahmedabad, (IIMA) & several colleges of the Gujarat University. He has also held advisory membership post at Gujarat Chamber of Commerce & Industry, Ahmedabad. At present he is the Vice President of Gujarat Chamber of Commerce and Industry, Ahmedabad. He is the Director on the Board of Directors of reputed companies like Brady & Morris Engg. Co. Ltd, W.H. Brady & Co. Ltd, Brady Services Pvt Ltd & Amol Decalite Ltd.

Lokesh Singh

Shri. Lokesh kumar Singh is Non-Executive Independent Director of Arman Financial Services Ltd. He is a Post Graduate Diploma in Rural Management & Bachelor of Technology–Chemical Technology. He is Co-founder & Managing Partner of Sanchetna Financial Services P. Ltd., based in Lucknow, UP, India. He is a Chemical Engineer from HBTI, Kanpur & a PGDRM from IRMA. He has got four years of professional experience in different fields. He worked in SKS Microfinance P. Ltd. (India's NBFC-MFI) for 3 years & was part of its core leadership team when the organization was undergoing pan India expansion.

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