Orchasp Limited Board Meeting Outcome: Independent Director Appointment
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.

*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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.19% | -7.95% | -5.81% | -10.33% | -15.33% | -32.12% |
































