Sethurathnam Ravi Named New String Metaverse Chairman

Introduction

The appointment of Sethurathnam Ravi as Chairman of String Metaverse Ltd marks a formal leadership transition within the company’s board structure. The change is part of a broader governance update that includes resignations of key board members and restructuring of committees, effective June 2, 2026.

He is a Chartered Accountant with over 37 years of board-level experience across banking, NBFCs, mutual funds, and capital markets, having held leadership positions at institutions such as BSE Limited and UTI Trustee Company Private Limited.

This board-level reshuffle follows the resignation of former Chairman Mr. Ghanshyam Das (May 29, 2026) and Independent Director Mr. Arvind Jadhav (June 2, 2026). In parallel, the Nomination and Remuneration Committee has been reconstituted with Mr. Sarat Kumar Malik as Chairperson.

He is widely recognized in India’s financial ecosystem for his extensive experience in corporate governance, capital markets, and board leadership. He is a Chartered Accountant and Founder and Managing Partner of Ravi Rajan & Co. LLP.

Board Changes At String Metaverse

String Metaverse Ltd appointed Sethurathnam Ravi as Chairman effective June 2, 2026, following board resignations. The Nomination and Remuneration Committee was also reconstituted as part of governance restructuring.

Key Facts

• Chairman appointed: Sethurathnam Ravi

• Effective date: June 2, 2026

• Former Chairman resigned: May 29, 2026

• Independent Director resigned: June 2, 2026

• Committee reconstitution: Mr. Sarat Kumar Malik appointed Chairperson

Who Is Sethurathnam Ravi In India’s Financial Ecosystem?

Sethurathnam Ravi (S. Ravi BSE) is a senior Indian chartered accountant and governance professional known for his leadership in the financial ecosystem. He is the former Chairman of the Bombay Stock Exchange (BSE) and Founder and Managing Partner of Ravi Rajan & Co. LLP. With over three decades of experience, he has served on the boards of several major banks, PSUs, and financial institutions, contributing to areas such as corporate governance, risk management, and capital markets.

Why Has Sethurathnam Ravi Been Appointed Chairman Of String Metaverse?

His appointment is part of a governance restructuring at String Metaverse Ltd following recent board resignations. His extensive experience in capital markets, banking, and corporate governance supports structured oversight, compliance alignment, and continuity in leadership.

Governance Update And Context

• Appointment effective: June 2, 2026

• Leadership change follows board resignations

• Committee restructuring completed

• Governance framework updated through board reorganization

• Nomination and Remuneration Committee reconstituted

What Just Happened

• Sethurathnam Ravi appointed Chairman and Additional Director

• Appointment effective June 2, 2026

• Former Chairman resigned on May 29, 2026

• Independent Director resigned on June 2, 2026

Risks To Watch

• Potential short-term strategic realignment under new leadership

• Monitoring of operational or governance updates

• Investor attention on board stability and decision-making structure

• Regulatory and disclosure developments from the company

Peer Comparison

Leadership changes with experienced professionals are common in listed companies and often reflect standard governance strengthening practices in India Inc.

What To Track Next

• Future disclosures from String Metaverse Ltd

• Strategic or operational updates from board decisions

• Committee-level governance changes

• Additional regulatory filings or investor updates

• Long-term governance direction under new leadership

Conclusion

The appointment of Sethurathnam Ravi as Chairman of String Metaverse Ltd reflects a structured governance transition following board-level changes. His extensive experience in corporate governance, banking, and capital markets adds institutional depth to the company’s board framework, reinforcing stability during a period of organizational restructuring.