Orchasp Limited Board Meeting Outcome: Independent Director Appointment

3 min read     Updated on 06 Mar 2026, 05:36 PM
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Reviewed by
Ashish TScanX News Team
Overview

Orchasp Limited has appointed Mr. Ravi Prasad Muthyam as Independent Director for a 5-year term from March 6, 2026 to March 5, 2031, subject to shareholder approval. The company also reconstituted all board committees including Audit, Nomination and Remuneration, Stakeholders Relationship, and CSR committees. All decisions were properly communicated to BSE and NSE under SEBI regulations with complete documentation.

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*this image is generated using AI for illustrative purposes only.

Orchasp Limited has announced significant board-level changes following its board meeting held on March 6, 2026. The company has appointed a new Independent Director and reconstituted its board committees to strengthen corporate governance and oversight mechanisms, as communicated to BSE Limited and The National Stock Exchange of India Limited under Regulation 30 of SEBI (LODR) Regulations, 2015.

Independent Director Appointment

The board of directors, based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Ravi Prasad Muthyam (DIN: 06603818) as an additional director designated as an Independent Director. The appointment details are structured as follows:

Parameter: Details
Effective Date: March 6, 2026
Term Duration: 5 years (March 6, 2026 to March 5, 2031)
Appointment Status: Subject to shareholder approval
Director Category: Independent Director, not liable to retire by rotation

Professional Background

Mr. Ravi Prasad Muthyam brings extensive expertise to the board with over 26 years of combined experience in the banking and financial services sector. His professional journey includes:

  • Banking Experience: 11 years with reputed banking and financial institutions
  • Consulting Experience: Over 15 years as a professional financial consultant
  • Educational Background: MBA in Business Management
  • Current Role: Director at Moneytree Corp Consulting India Private Limited since 2013

His company has been successfully providing financial consultancy and assisting corporates in fundraising activities across India. Mr. Muthyam has extensive experience in banking operations, financial advisory, and corporate funding. The company confirmed that he is not related to any other director and is not debarred from holding the office of director by any regulatory authority.

Board Committee Reconstitution

Following the new appointment, Orchasp Limited has reconstituted its board committees effective March 6, 2026. The new committee compositions are:

Audit Committee

Position: Name Category
Chairperson: Mr. Ravi Prasad Muthyam Non-Executive - Independent Director
Member: Mr. Srinivasu Sunkara Non-Executive - Independent Director
Member: Mr. Ravikishore Vithaleswara Brahmananda Bhattiprolu Non-Executive - Independent Director

Nomination and Remuneration Committee

Position: Name Category
Chairperson: Mr. Ravikishore Vithaleswara Brahmananda Bhattiprolu Non-Executive - Independent Director
Member: Mr. Srinivasu Sunkara Non-Executive - Independent Director
Member: Mrs. Sirisha Pattapurathi Non-Executive & Non-Independent Director

Stakeholders Relationship Committee

Position: Name Category
Chairperson: Mr. Krishna Shankar Kanamarlapudi Non-Executive & Non-Independent Director
Member: Mrs. Sirisha Pattapurathi Non-Executive & Non-Independent Director
Member: Mr. Ravi Prasad Muthyam Non-Executive - Independent Director

Corporate Social Responsibility Committee

Position: Name Category
Chairperson: Mr. Ravikishore Vithaleswara Brahmananda Bhattiprolu Non-Executive - Independent Director
Member: Mr. Krishna Shankar Kanamarlapudi Non-Executive & Non-Independent Director
Member: Mr. Chandra Sekhar Pattapurathi Executive Director

Meeting Details and Compliance

The board meeting was conducted on Friday, March 6, 2026, commencing at 03:00 PM IST and concluding at 05:00 PM IST. The decisions were communicated to both BSE Limited and The National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has made the information available on its website at www.orchasp.com and submitted all required documentation to the stock exchanges for record. The communication was digitally signed by P. Chandra Sekhar, Managing Director & CFO (DIN: 01647212).

Historical Stock Returns for Orchasp

1 Day5 Days1 Month6 Months1 Year5 Years
+5.19%-7.95%-5.81%-10.33%-15.33%-32.12%

Orchasp Limited's INDUSAYUSH Electronic Health Records Platform Now Available on Apple App Store

1 min read     Updated on 24 Feb 2026, 07:49 PM
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Reviewed by
Riya DScanX News Team
Overview

Orchasp Limited has successfully launched its INDUSAYUSH electronic health records platform on the Apple App Store, effective February 24, 2026. The company made this announcement through a regulatory filing under SEBI Regulation 30, with Apple officially confirming the app's approval for global distribution. This strategic move positions Orchasp in the digital healthcare market with access to iOS users worldwide.

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*this image is generated using AI for illustrative purposes only.

Orchasp Limited has successfully launched its electronic health records platform INDUSAYUSH on the Apple App Store, marking a significant milestone in the company's digital healthcare expansion. The announcement was made on February 24, 2026, through a regulatory filing under SEBI's disclosure requirements.

Platform Launch Details

The company formally disclosed the development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The INDUSAYUSH platform has been admitted to the Apple App Store with effect from February 24, 2026, making it accessible to iOS users worldwide.

Parameter: Details
Platform Name: INDUSAYUSH
Launch Date: February 24, 2026
Platform Type: Electronic Health Records
Availability: Apple App Store
App Store ID: 6759248594

Official Apple Confirmation

Apple has officially confirmed the app's approval through App Store Connect, congratulating Orchasp Limited on the successful distribution approval. The tech giant noted that while the app has been approved, it can take up to 24 hours for applications to become fully available on the App Store after release.

The approval email from Apple's App Review team emphasized the global reach opportunity that the App Store provides, highlighting features such as:

  • App Analytics for measuring user engagement
  • Marketing guidelines for App Store promotion
  • Search Ads capabilities for enhanced visibility

Digital Healthcare Expansion

The INDUSAYUSH platform represents Orchasp Limited's strategic move into the digital healthcare sector, specifically focusing on electronic health records management. The platform's availability on iOS devices expands the company's potential user base significantly, given Apple's substantial market presence in the mobile ecosystem.

The regulatory filing was signed by P. Chandra Sekhar, Managing Director & CFO (DIN: 01647212), emphasizing the strategic importance of this development for the company's stakeholders and investors.

Market Implications

With the INDUSAYUSH app now available on Apple's platform, Orchasp Limited positions itself to compete in the growing digital health records market. The Apple App Store's global distribution network provides the company with immediate access to millions of potential users across international markets, potentially driving user adoption and revenue growth in the healthcare technology segment.

Historical Stock Returns for Orchasp

1 Day5 Days1 Month6 Months1 Year5 Years
+5.19%-7.95%-5.81%-10.33%-15.33%-32.12%

More News on Orchasp

1 Year Returns:-15.33%