ALPHA TRIBE

Aarvee Denims & Exports LimitedOthers, 25-07-2025: Shareholders meeting

25-07-2025 | 06:01 pm

Aarvee Denims will hold an Extra-Ordinary General Meeting to approve significant changes. Jaimin Kailash Gupta, a majority shareholder with 52.01% stake, is set to become Chairman and Managing Director, with annual pay up to 0.24 Cr. Tarachand Gangasahay Agrawal will be appointed Whole-Time Director, holding 4.55% shares, with annual pay up to 0.12 Cr. Nipun Arora transitions to Non-Executive Director, and Ravi Jitendra Modi joins as an Independent Director. The company also plans to change its name to 'Varvee Global Limited' to reflect new management and brand identity. This EGM signals a major strategic and leadership shift.

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