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.

Gravita India Limited has announced the demise of Dr. Mahavir Prasad Agarwal, a promoter of the company, in a regulatory filing made on March 10, 2026. The company informed both BSE and NSE about this development in compliance with SEBI Listing Regulations.

Promoter Details and Shareholding Structure

According to the company's disclosure, Dr. Mahavir Prasad Agarwal held the position of promoter but did not directly own any shares in Gravita India Limited. However, he served as a trustee of Agrawal Family Private Trust, which is classified as a promoter entity of the company.

Regulatory Compliance and Implications

The company has made this disclosure pursuant to Regulations 30 and 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Under Regulation 31A(6)(c) of the Listing Regulations, Dr. Agarwal will cease to be considered a promoter following his demise.

The notification was signed by Nitin Gupta, Company Secretary (FCS: 9984), and submitted to both stock exchanges where the company is listed. Gravita India trades on BSE with scrip code 533282 and on NSE under the symbol GRAVITA.

Corporate Communication

The formal intimation was sent to the listing departments of both exchanges, maintaining transparency with stakeholders and ensuring compliance with regulatory requirements. This disclosure reflects the company's commitment to timely communication of material events affecting its promoter structure.