Urban Company Limited has informed the Exchange regarding Change in Director(s) of the company.
URBANCO · price
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Urban Company has re-designated Mr. Vamsi Krishna Duvvuri from Nominee Director (representing VY Capital) to Non-Executive Non-Independent Director on the board, effective November 1, 2025. The change is because Urban Company's equity shares have now been listed, which means VY Capital's contractual nomination rights have ceased. Mr. Duvvuri, who holds a B.Tech from IIT Kanpur and a PGDM from IIM Ahmedabad, has been on the board since September 10, 2024 and is a founder and managing partner at Dharana Capital. He is liable to retire by rotation and is not related to any other director.
This is a routine post-listing governance change with no negative implications — VY Capital's nominee seat has simply been converted into a regular non-executive director position. Shareholders should not expect any material impact on the stock price or company operations.