Gravita India Limited has announced a key leadership change with the resignation of Mr. Vijay Kumar Pareek from his position as Executive Director-Non Board Member. The company informed stock exchanges on March 19, 2026, about this senior managerial personnel change in compliance with SEBI regulations.

Resignation Details

Mr. Vijay Kumar Pareek tendered his resignation citing personal commitments as the reason for his departure. The resignation will become effective from the close of business hours on March 31, 2026. In his resignation letter, Pareek expressed gratitude to the Board of Directors and management for their support during his tenure and confirmed that there are no other material reasons for his resignation beyond personal commitments.

Succession Planning

The company has announced that Mr. Yogesh Mohan Kharbanda, Executive Director-Non Board Member, will assume all duties and responsibilities consequent to Pareek's resignation. This transition arrangement ensures continuity in the company's operations and management structure.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Schedule III Para A of Part A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its disclosure.

The notification was sent to both BSE Limited and the National Stock Exchange of India Limited, with the company's scrip code 533282 on BSE and company code GRAVITA on NSE. Company Secretary Nitin Gupta signed the official communication to the stock exchanges, ensuring proper documentation and regulatory compliance for this senior management change.

Gravita India Limited has announced the resignation of Independent Director Mr. Satish Kumar Agrawal, effective March 18, 2026. The company informed stock exchanges BSE and NSE about this development in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Resignation Details

Mr. Satish Kumar Agrawal (DIN: 10462319) submitted his resignation letter on March 18, 2026, citing pre-occupation and other personal commitments as the primary reasons for stepping down from his position. The resignation took effect immediately from the same date.

Committee Memberships

Following his resignation as Independent Director, Mr. Agrawal has automatically stepped down from all Board committees of the company where he held membership. The company confirmed that he does not hold directorship in any other listed entity.

Regulatory Compliance

Gravita India has fulfilled all disclosure requirements under SEBI regulations, providing detailed information as mandated by Schedule III - Para A(7B) of the Listing Regulations. The company has also complied with SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.

Board's Acknowledgment

The Board of Directors has placed on record its appreciation for Mr. Agrawal's contributions to the company during his tenure as Independent Director. In his resignation letter, Mr. Agrawal confirmed that there are no other material reasons for his resignation beyond the personal commitments mentioned. He expressed gratitude to the Board for the confidence shown in him and the support extended during his tenure.

The company has assured stakeholders that the resignation is purely due to personal reasons and there are no other underlying factors contributing to this decision.