Ravelcare Limited’s Board of Directors has approved the re-appointment of Mr. Ayush Varma as Managing Director for a three-year term starting June 20, 2027. The board also re-appointed Mr. Maheshkumar Varma as Whole-time Director for the same period. Additionally, the company approved the shifting of its registered office within Mumbai, effective August 26, 2026, and appointed M/s. VTSN & Associates LLP as Secretarial Auditors.
Key Management Re-appointments
At a board meeting held on August 25, 2026, Ravelcare Limited’s Board of Directors, based on recommendations from the Nomination and Remuneration Committee, approved the re-appointment of Mr. Ayush Varma (DIN: 08290637) as Managing Director. This re-appointment is effective from June 20, 2027, for a term of three (3) years, concluding on June 19, 2030. This reappointment is subject to shareholder approval at the upcoming Annual General Meeting.
Furthermore, Mr. Maheshkumar Varma (DIN: 09756885) was also re-appointed as Whole-time Director for a term of three (3) years, commencing on June 20, 2027, and ending on June 19, 2030, also pending member approval.
Secretarial Auditors Appointed
The Board also appointed M/s. VTSN & Associates LLP (LLPIN: ACK-3132), Practicing Company Secretaries, as the company’s Secretarial Auditors for the financial year 2026-27. This appointment was based on the recommendation of the Audit Committee.
Registered Office Relocation
In a significant operational move, the company’s Board of Directors approved the shifting of its registered office. The relocation is from its current address at “126, Neo Corporate Plaza, Cabin B, Ramchandra Lane Extension, Malad West, Mumbai-400064, Maharashtra, India,” to a new premises 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 shift is effective from August 26, 2026, and will remain within the local limits and territorial jurisdiction of the Registrar of Companies, Mumbai.
AGM Preparations Underway
The company also announced that it will be issuing the notice for its 8th Annual General Meeting, along with the Directors’ Report and its Annexures for the year ended March 31, 2026. Additionally, Mr. Vishal Thawani, Designated Partner of M/s. VTSN and Associates LLP, has been appointed as the Scrutinizer for the e-voting process at the 8th Annual General Meeting.
Director Relationships
Details concerning relationships between directors were provided as part of the disclosures. Mr. Ayush Varma is the son of Mr. Maheshkumar Varma, the Whole-time Director, and Mrs. Anita Varma. Mr. Maheshkumar Varma is the father of Mr. Ayush Varma, the Managing Director, and the spouse of Mrs. Anita Varma, who is also a Director.
Source: BSE
