Aarvee Denims & Exports Limited — Others, 28-07-2025: Shareholders meeting

Aarvee Denims and Exports has announced an Extraordinary General Meeting (EGM) on August 19, 2025, to formalize key leadership changes and a new company identity. The EGM will approve Mr. Jaimin Kailash Gupta, the majority shareholder, as Chairman and Managing Director with an annual remuneration up to 0.24 Cr. Mr. Tarachand Gangasahay Agrawal is also proposed as a Whole-Time Director, earning up to 0.12 Cr annually, enhancing operational expertise. Additionally, Mr. Nipun Arora will be re-designated as a Non-Executive Director, and Mr. Ravi Modi will join as an Independent Director, bolstering governance. The company also seeks approval to change its name to 'Varvee Global Limited', reflecting the new management's vision and direction.