Gravity has appointed Ankit Goel as an Additional Non-Executive Independent Director, effective July 24, 2026. The Board of Directors approved the appointment during a meeting held on July 24, 2026, based on the recommendation of the Nomination and Remuneration Committee. This addition to the board aims to enhance governance oversight, leveraging Goel’s background in financial operations and compliance. The appointment is subject to approval by shareholders at the ensuing general meeting.

The company disclosed the appointment pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI master circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The Board confirmed that Ankit Goel is not debarred from holding the office of Director by any order passed by SEBI or any other authority.

Ankit Goel brings experience in financial operations, accounting, and compliance across logistics and service sectors. His profile highlights exposure to financial controls, reporting, payroll management, and regulatory compliance. He possesses a practical understanding of financial discipline and risk awareness, with an interest in contributing to board-level governance in growth-stage and fintech-oriented businesses.

Appointment Details

The Board Meeting commenced at 4:00 PM and concluded at 4:15 PM on July 24, 2026. Geetanjali Malik, Company Secretary & Compliance Officer, signed the intimation letter addressed to the Bombay Stock Exchange Limited.

Governance Impact

The appointment of an independent director with a finance background signals a focus on strengthening financial oversight and regulatory compliance within the organization. Ankit Goel’s expertise in risk awareness and operational processes aligns with the company’s needs for robust board-level governance. His lack of relationship with existing directors ensures independence in decision-making processes.

Ms. Komal Hardikkumar Patel has resigned as an Independent Director of Gravity (India) Limited effective June 10, 2026, due to personal reasons. Consequently, she has ceased to be a member of the various committees of the company. The resignation was submitted via a letter dated June 10, 2026, and took effect at the close of business hours on the same day.

The Board of Directors acknowledged the resignation and placed on record its appreciation for the valuable contribution and guidance provided by Ms. Patel during her tenure. The company confirmed that there are no other material reasons for her resignation beyond those stated in her letter.

The disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details were also submitted in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Ms. Patel confirmed that she does not hold any directorships in other listed entities or positions on board committees of listed companies. She also verified that there are no material reasons for her resignation other than the personal reasons cited.