Key Management

  • G. Chidambar - Chairman

He retired as the Managing Director of LIC of India and was on the board of several companies. He is currently on the board of Coromandel Stamping & Stones, India Nippon Electricals, and Royal Soft Financial Services

  • K. S. Markandan - Director

He  was  the  Deputy  General  Manager  of  State  Bank of  India and  Bharat  Overseas Bank. He is currently on the board of Flamagas India P Ltd.

  • P. S. Balasubramaniam – Director

He is a member of the Institute of Chartered Accountants of India and also the Institute of Company Secretaries of India. He has held many key posts in several hire purchase & leasing associations such as President – FIPHA, Chairman – ELAI, and VP – Asian Leasing Association (Jakarta). He was also formerly the Managing Director of Investment Trust of India and is currently an advisor to the H.C Kothari Group of Companies. He is on the board of several companies.

  • Mahaveerchand Dugar – Managing Director

He is an experienced financier, taking care of the overall administration of the company and the day-to-day operations of the business. He hails from a family of moneylenders and has over four decades of experience in Hire Purchase and Leasing. He is in the executive committee of the following:

  • Finance Companies Association of India – Chairman
  • Hindustan Chamber of Commerce – Vice President
  • Southern India Rajasthani Chamber of Commerce & Industry
  • Rotary District 3230, Chennai – Assistant Governor (2011-12)
  • Deepak Dugar – Executive Director

He is in-charge of the customer acquisition, credit appraisal, and disbursal processes. He holds a MBA in Finance

  • Praveen Dugar – Executive Director

He  is  responsible  for  risk  management  and  the  collection  processes.  He  holds  a masters degree in Financial management and a diploma in International Banking & Finance

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