Graviss Hospitality Limited has initiated the remote e-voting process for its postal ballot to seek shareholder approval for the acquisition of a 100% stake in MUFG India Investment Advisors Private Limited. The e-voting period commences on June 5, 2026, at 9:00 A.M. IST and concludes on July 4, 2026, at 5:00 P.M. IST. The company has engaged MUFG Intime India Private Limited to facilitate the electronic voting process, ensuring compliance with the Ministry of Corporate Affairs (MCA) circulars and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The notice of the postal ballot was dispatched to members on June 4, 2026, via email. Shareholders whose names appear in the Register of Members or the register of beneficial owners as of the cut-off date, May 29, 2026, are eligible to vote. The company has specified that the postal ballot is being conducted exclusively through e-voting, and no physical voting facility is available. Members who have not received the notice can download it from the company's website, the BSE website, or the MUFG Intime India Private Limited portal.

Key Dates and Details

The following table outlines the critical schedule for the postal ballot process:

Scrutinizer and Process Oversight

Graviss Hospitality has appointed Mr. Martin Ferrao, a Practicing Company Secretary and proprietor of M/s. Martino Ferrao & Associates, as the Scrutinizer to ensure the e-voting process is conducted fairly and transparently. The results of the postal ballot will be announced on or before July 7, 2026, and will be communicated to the stock exchanges where the company's shares are listed. The results will also be available on the company's official website and the MUFG Intime portal.

Shareholders holding shares in physical mode or those who have not updated their email addresses are requested to register their email IDs with the company or the registrar to participate in the voting process. The e-voting module will be disabled by the agency after the stipulated end time, and no votes will be accepted beyond the deadline.

Graviss Hospitality Limited has scheduled a postal ballot to seek shareholder approval for the re-appointment of Mr. Romil Ratra as Whole-time Director and to approve the expansion of The Mansion House (TMH) in Alibaug. The resolutions will be decided through remote e-voting, which commences on June 05, 2026, and concludes on July 04, 2026. The outcome of the ballot will be announced on or before July 07, 2026.

The Board of Directors has recommended the re-appointment of Mr. Romil Ratra (DIN: 06948396) as Whole-time Director, designated as CEO & Whole-time Director, for a further period of five years with effect from March 01, 2026. The resolution seeks approval for remuneration for a period of three years, as detailed in the explanatory statement. Mr. Ratra has been associated with the company since 2020, and the company reports that its standalone revenue increased from approximately ₹39 crores at the time of his joining to approximately ₹62 crores as of March 2026.

Shareholders are also asked to approve the expansion and development of TMH, Alibaug, which involves material related party transactions. The proposal includes the sale of agricultural land bearing Gat No. 342, admeasuring 2,760 square meters, owned by the company's materially unlisted wholly-owned subsidiary Graviss Hotels and Resorts Limited (GHRL), to Hotel Kanakeshwar LLP (HKLLP). The sale consideration is set at ₹1,80,00,000. HKLLP is an entity owned by Mr. Gaurav Ghai, the promoter of Graviss Hospitality Limited.

The expansion strategy aims to add up to 100 rooms along with food and beverage facilities to the existing 25-room property. The company states that the expansion is necessary to qualify for incentives under the Government of Maharashtra’s Tourism Policy 2024 and to create a contiguous land parcel for maximizing Floor Space Index (FSI). The transaction is based on a valuation report dated January 31, 2026, from M/s. Anmay Infra Projects, which assessed the fair market value of the land at ₹1,16,02,559.76, while the book value as of March 31, 2025, was ₹1,76,57,000.

Furthermore, the company proposes to enter into a management agreement with HKLLP on terms similar to the existing agreement dated January 01, 2019, to manage and operate the expanded TMH. The management fees will be based on a revenue-sharing arrangement in the ratio of 90:10 between the company and HKLLP, respectively. The tenure of the management agreement is proposed to be 20 years.

Mr. Martinho Ferrao, Proprietor of M/s. Martinho Ferrao & Associates, has been appointed as the Scrutinizer to conduct the postal ballot process. The company has engaged the services of MUFG Intime India Private Limited to facilitate the remote e-voting process. Shareholders whose names appear in the register of members or beneficial owners as on the cut-off date of May 29, 2026, are eligible to vote.