Ravelcare Limited’s Board of Directors, following recommendations from the Nomination and Remuneration Committee, has approved the re-appointment of Mr. Ayush Varma as Managing Director and Mr. Maheshkumar Varma as Whole-time Director for a term of three years, effective June 20, 2027. The Board also appointed M/s. VTSN & Associates LLP as Secretarial Auditors and approved the shifting of the company’s registered office effective August 26, 2026.
Key Leadership Re-appointments and Operational Updates at Ravelcare Limited
In a significant development, the Board of Directors of Ravelcare Limited has approved several key decisions following its meeting held on August 25, 2026. These approvals include the re-appointment of senior management personnel and a strategic relocation of the company’s registered office.
Leadership Appointments Approved
The Nomination and Remuneration Committee’s recommendations led to the re-appointment of Mr. Ayush Varma (DIN: 08290637) as the Managing Director of the Company. His new term is set to commence from June 20, 2027, and will extend for a period of three years, concluding on June 19, 2030. This re-appointment is subject to the approval of the company’s members at the upcoming Annual General Meeting.
Similarly, Mr. Maheshkumar Varma (DIN: 09756885) has been re-appointed as a Whole-time Director. His term also begins on June 20, 2027, and will run for three years until June 19, 2030, pending member approval at the Annual General Meeting.
Both Mr. Varma are confirmed not to be debarred from holding directorships by any SEBI order or other authority.
Secretarial Auditors and Office Relocation
Furthermore, the Board has appointed M/s. VTSN & Associates LLP, Practicing Company Secretaries, as the Secretarial Auditors for the financial year 2026-27. This appointment is based on the recommendation of the Audit Committee.
In a strategic operational move, the Board has approved the shifting of Ravelcare Limited’s Registered Office. The new office will be located at “12th Floor, Flat 1211, 9 Business Bay, Khakhar Property, Off New Link Road Mindspace, Behind Evershine Mall, Chincholi Bunder, Malad (W), Mumbai-400064, Maharashtra, India”. This relocation is effective from August 26, 2026, and remains within the local limits and territorial jurisdiction of the Registrar of Companies, Mumbai.
Annual General Meeting Preparations
The company will also be issuing a notice for its 8th Annual General Meeting, along with the Directors’ Report for the year ended March 31, 2026. Additionally, Mr. Vishal Thawani from M/s. VTSN and Associates LLP has been appointed as the Scrutinizer for the e-voting process during the 8th Annual General Meeting.
The Board Meeting commenced at 4:00 p.m. and concluded at 05:15 p.m.
Source: BSE
