Gravity (India) Limited Confirms Non-Applicability as Large Corporate Under SEBI Framework

1 min read     Updated on 15 Apr 2026, 04:40 PM
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AI Summary

Gravity (India) Limited has confirmed to BSE that it does not qualify as a Large Corporate under SEBI framework as on March 31, 2026. The company reported nil outstanding borrowings as per SEBI circular definitions and submitted the required initial disclosure in compliance with SEBI operational circulars related to debt securities fund raising requirements.

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Gravity (India) Limited has formally confirmed to the Bombay Stock Exchange that it does not qualify as a Large Corporate entity under the applicable SEBI framework as on March 31, 2026. The disclosure was submitted in compliance with specific SEBI circulars governing fund raising requirements for large corporates through debt securities.

Regulatory Compliance Disclosure

The company submitted its initial disclosure pursuant to SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 (updated as on April 13, 2022) and SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars specifically address fund raising by issuance of debt securities by large corporate entities and establish the framework for identifying such entities.

Key Financial Position

The disclosure reveals Gravity (India) Limited's current financial standing regarding borrowings and credit ratings:

Parameter Details
Outstanding Borrowing as on March 31, 2026: Nil (as per SEBI circular definitions)
Credit Rating Status: Not Applicable
Designated Stock Exchange for Penalties: BSE (if applicable)
Large Corporate Classification: Not Applicable

SEBI Framework Requirements

Under the SEBI framework, entities identified as Large Corporates are subject to specific mandatory borrowing requirements through debt securities. The regulations include provisions for penalties in case of shortfall in mandatory borrowing. Specifically, beginning from FY 2022, a fine of 0.20% of the shortfall is levied by Stock Exchanges at the end of the two-year block period for any shortfall in mandatory borrowing through debt securities.

Company Confirmation

Managing Director Mukesh Mahendrabhai Parmar digitally signed the disclosure on April 15, 2026, formally confirming that Gravity (India) Limited falls outside the purview of Large Corporate criteria as defined in the applicable SEBI circulars. The company has requested the stock exchange to take this confirmation on record for regulatory compliance purposes.

This disclosure ensures transparency regarding the company's regulatory status and confirms its compliance with SEBI's disclosure requirements for entities that may potentially fall under the Large Corporate framework.

Historical Stock Returns for Gravity

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+5.43%+16.67%+119.93%+211.48%+627.37%

What growth trajectory would Gravity India need to achieve to potentially qualify as a Large Corporate under SEBI framework in future years?

How might Gravity India's funding strategy change if it approaches the Large Corporate threshold and faces mandatory debt securities requirements?

Will SEBI's regulatory framework for Large Corporates become more stringent, potentially affecting mid-sized companies like Gravity India?

Gravity (India) Limited Relocates Corporate Office to Gandhi Nagar, Gujarat

1 min read     Updated on 10 Apr 2026, 02:58 AM
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AI Summary

Gravity (India) Limited has relocated its corporate office to C-804, Krishna Beackon, Near Vaishnodevi Circle, Khoraj, Gandhi Nagar, Gujarat, India, 382735, effective April 09, 2026. The company announced this change to the Bombay Stock Exchange in compliance with SEBI (LODR) Regulations, 2015, Regulation 30. Managing Director Mukesh Mahendrabhai Parmar made the official communication through a digitally signed document to ensure proper regulatory compliance and stakeholder notification.

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Gravity (India) Limited has officially announced the relocation of its corporate office to a new address in Gandhi Nagar, Gujarat. The company communicated this change to the Bombay Stock Exchange on April 09, 2026, fulfilling its regulatory disclosure obligations under SEBI (LODR) Regulations, 2015.

Corporate Office Relocation Details

The company has provided specific details about its new corporate office location to ensure proper record-keeping and compliance.

Parameter: Details
New Corporate Office Address: C-804, Krishna Beackon, Near Vaishnodevi Circle, Khoraj, Gandhi Nagar, Gujarat, India, 382735
Effective Date: April 09, 2026
Regulatory Compliance: SEBI (LODR) Regulations, 2015, Regulation 30

Regulatory Compliance and Communication

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to disclose material events and information to stock exchanges. Managing Director Mukesh Mahendrabhai Parmar signed the official communication digitally, ensuring proper authentication of the corporate announcement.

Corporate Information

Gravity (India) Limited operates under the Corporate Identification Number L62099MH1987PLC042899, indicating its incorporation in Maharashtra in 1987. The company maintains its listing on the Bombay Stock Exchange and continues to fulfill its disclosure requirements as a publicly listed entity.

The relocation represents a standard corporate administrative change, with the company ensuring all stakeholders are properly informed through official stock exchange channels. The new Gujarat-based office location positions the company in one of India's prominent industrial states.

Historical Stock Returns for Gravity

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+5.43%+16.67%+119.93%+211.48%+627.37%

What strategic business opportunities is Gravity India targeting by relocating from Maharashtra to Gujarat's industrial hub?

Will the office relocation lead to operational cost savings or expansion of the company's workforce in Gujarat?

How might this move to Gandhi Nagar impact Gravity India's access to new clients or business partnerships in the region?

More News on Gravity

1 Year Returns:+211.48%