Ravelcare Limited announced the re-appointment of Mr. Ayush Varma as Managing Director and Mr. Maheshkumar Varma as Whole-time Director, both for a term of three years effective June 20, 2027. The company also approved the shifting of its registered office within Mumbai, effective August 26, 2026. Additionally, M/s. VTSN & Associates LLP was re-appointed as Secretarial Auditors for FY26-27.
Board Approves Key Appointments and Operational Changes
Ravelcare Limited’s Board of Directors, in a meeting held on August 25, 2026, approved several significant decisions impacting its leadership and operations. These decisions are in line with the company’s ongoing governance and strategic planning.
Leadership Appointments
Re-appointment of Managing Director
The Board, based on the recommendation of the Nomination and Remuneration Committee, has re-appointed Mr. Ayush Varma (DIN: 08290637) as the Managing Director of the Company. This re-appointment is effective from June 20, 2027, for a term of three (3) years, concluding on June 19, 2030. The appointment is subject to the approval of the company’s members at the upcoming Annual General Meeting. Mr. Varma has affirmed that he is not debarred from holding any directorship by virtue of any SEBI order or other authority.
Re-appointment of Whole-time Director
Similarly, Mr. Maheshkumar Varma (DIN: 09756885) has been re-appointed as the Whole-time Director of Ravelcare Limited. This appointment also commences on June 20, 2027, and will extend for a term of three (3) years, ending on June 19, 2030, pending member approval at the ensuing Annual General Meeting. Mr. Maheshkumar Varma has also confirmed he is not subject to any disqualifications from holding a director’s position.
Operational Updates
Shifting of Registered Office
The Board has approved the shifting of the company’s Registered Office from its current location at “126, Neo Corporate Plaza, Malad West, Mumbai” to a new address at “12th Floor, Flat 1211, 9 Business Bay, Khakhar Property, Off New Link Road Mindspace, Behind Evershine Mall, Chincholi Bunder, Malad (W), Mumbai”. This change is effective from August 26, 2026, and remains within the local limits and territorial jurisdiction of the Registrar of Companies, Mumbai.
Appointment of Secretarial Auditors
M/s. VTSN & Associates LLP, Practicing Company Secretaries (LLPIN: ACK-3132), has been re-appointed as the Secretarial Auditors for the financial year 2026-27. This appointment was made based on the recommendation of the Audit Committee.
Notice for Annual General Meeting
The company will issue a notice for its 8th Annual General Meeting, along with the Directors Report and its Annexures for the year ended March 31, 2026. Furthermore, 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 upcoming AGM.
The Board Meeting commenced at 4:00 p.m. and concluded at 05:15 p.m.
Source: BSE
