Please find attached the intimation with regards to resignation of Managing Director of the Company.

Ceo ResignedManagement Changes View source PDF Explain this filing

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AI summary

Mrs. Rashmi Chandrakant Vartak (DIN: 10259700) has resigned as Managing Director of UVS Hospitality and Services Ltd with immediate effect from 23rd January 2026. The reason cited is personal reasons, and she has confirmed there are no other material reasons behind her departure. As a result, she also ceases to be a member of various Board Committees of the company. The company, formerly known as Thirdwave Financial Intermediaries Ltd, has made this disclosure under SEBI Listing Regulations.

Likely market impact

The sudden exit of the Managing Director, citing personal reasons, may create short-term uncertainty around leadership and strategic continuity at the company. Shareholders should watch for a timely replacement announcement to assess stability of management.