UVS Hospitality and Services Limited has announced key leadership changes with the appointment of Mrs. Prathima Madineni as Managing Director for a five-year term. The Board of Directors approved the appointment during their meeting held on January 30, 2026, based on recommendations from the Nomination and Remuneration Committee.

Board Appointment Details

The company's Board of Directors has made two significant appointments for Mrs. Prathima Madineni (DIN: 06365444):

The company confirmed that Mrs. Madineni is not debarred from holding the office of director by virtue of any SEBI order or any other authority, in accordance with the stock exchange circular dated June 20, 2018.

Professional Background

Mrs. Prathima Madineni brings extensive pharmaceutical industry experience to her new role. Her professional profile highlights include:

• Over two decades of pharmaceutical marketing leadership experience
• Expertise in portfolio growth and strategic marketing initiatives
• Strong track record in team leadership and brand development
• Experience with differentiated brand go-to-market launches across leading Indian pharmaceutical companies
• Specialization in acute and sub-chronic therapies including dermatology, gynecology, gastrointestinal, pain management, and nutrition
• Proven ability to deliver revenue growth, market-share gains, and brand leadership
• Early adoption of social and digital platforms for patient engagement and physician activation

Regulatory Compliance

The appointment has been made in full compliance with the provisions of the Companies Act, 2013 and follows proper corporate governance protocols. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The appointment is subject to approval by the company's shareholders and represents a strategic move to strengthen the leadership team with experienced pharmaceutical industry expertise.

UVS Hospitality and Services Limited has announced the resignation of Mrs. Uma Rani Patil from her position as Independent Director, effective January 22, 2026. The resignation was submitted due to health-related personal reasons, marking a change in the company's board composition.

Resignation Details

Mrs. Uma Rani Patil (DIN: 10963796) tendered her resignation through an email dated January 22, 2026, citing health-related personal reasons as the primary factor for her departure. In her resignation letter, she mentioned that she has been keeping ill with prolonged treatments and is not in a position to complete her tenure.

The key details of the resignation are presented below:

Board Committee Impact

Consequent to her resignation, Mrs. Patil also ceases to be a member of various committees where she served as a member. The company has not specified the exact committees affected by her departure in the regulatory filing.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Patil has confirmed that there are no other material reasons for her resignation apart from the health issues mentioned.

The regulatory disclosure includes the following confirmations:

• No other material reasons exist beyond health-related personal reasons
• No outstanding compliance or related matters at her end
• Proper regulatory filings and disclosures will be made as required under applicable laws

Company Information

UVS Hospitality and Services Limited, formerly known as Thirdwave Financial Intermediaries Ltd, operates with its registered office in Kolkata, West Bengal, and corporate office in Mumbai, Maharashtra. The announcement was signed by Managing Director Rashmi Vartak (DIN: 10259700) on behalf of the company.

The resignation represents a routine corporate governance matter, with the company ensuring full compliance with regulatory requirements and transparency in its board composition changes.