UVS Hospitality and Services Limited Receives Regulatory Approval for Registered Office Relocation from West Bengal to Maharashtra

1 min read     Updated on 06 Feb 2026, 02:02 PM
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Overview

UVS Hospitality and Services Limited received regulatory approval from the Regional Director, Eastern Region, to shift its registered office from West Bengal to Maharashtra under Section 13(4) of the Companies Act, 2013. The company received the certified true copy of the order dated 20th January, 2026 and has informed BSE Limited in compliance with SEBI listing requirements. This corporate restructuring move comes as the company, formerly known as Thirdwave Financial Intermediaries Ltd, already maintains a corporate office in Mumbai, Maharashtra.

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UVS Hospitality and Services Limited has received regulatory approval to relocate its registered office from West Bengal to Maharashtra, marking a significant corporate restructuring development for the company.

Regulatory Approval Details

The company received the certified true copy of the order dated 20th January, 2026 from the Regional Director, Eastern Region, under Section 13(4) of the Companies Act, 2013. This approval authorizes the shifting of the registered office from the State of West Bengal to the State of Maharashtra.

Parameter: Details
Order Date: 20th January, 2026
Regulatory Authority: Regional Director, Eastern Region
Legal Provision: Section 13(4) of the Companies Act, 2013
Relocation: West Bengal to Maharashtra

Compliance and Disclosure

The company has informed BSE Limited about this development on 6th February, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Preeti Goyal, Company Secretary and Compliance Officer.

Company Background

UVS Hospitality and Services Limited was formerly known as Thirdwave Financial Intermediaries Ltd. The company currently maintains its registered office in Kolkata, West Bengal, and operates a corporate office in Mumbai, Maharashtra.

Current Office Details: Location
Registered Office: Plot No. 62, Tower - II, 12th Floor, Salt Lake, Kolkata, West Bengal
Corporate Office: Office No 1205, REMI Commercio, Andheri West, Mumbai, Maharashtra
CIN: L15100WB1989PLC046886

The approval enables the company to formalize its registered office relocation, which could streamline its operations given its existing corporate presence in Maharashtra.

Historical Stock Returns for UVS Hospitality And Services

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%-3.18%-8.28%-19.37%-45.73%+252.17%
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UVS Hospitality and Services Appoints Prathima Madineni as Managing Director for Five-Year Term

1 min read     Updated on 30 Jan 2026, 11:29 AM
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Overview

UVS Hospitality and Services Limited appointed Mrs. Prathima Madineni as Additional Director and Managing Director for a five-year term from January 30, 2026 to January 29, 2031, subject to shareholder approval. The appointment was approved by the Board of Directors based on Nomination and Remuneration Committee recommendations. Mrs. Madineni brings over two decades of pharmaceutical marketing experience with expertise in portfolio growth, strategic marketing, and brand leadership across therapeutic areas including dermatology, gynecology, and pain management.

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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):

Position: Details
Additional Director: Executive category, effective January 30, 2026
Managing Director: Five-year term from January 30, 2026 to January 29, 2031
Approval Status: Subject to shareholder approval
Board Meeting Duration: 11:00 a.m. to 11:10 a.m. on January 30, 2026

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.

Compliance Parameter: Status
Companies Act 2013: Compliant
SEBI Listing Regulations: Regulation 30 disclosure made
Debarment Status: Not debarred by SEBI or other authorities
Other Directorships: None in listed entities

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.

Historical Stock Returns for UVS Hospitality And Services

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%-3.18%-8.28%-19.37%-45.73%+252.17%
UVS Hospitality And Services
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1 Year Returns:-45.73%