Gravity India Board Meeting on Sep 1 to Consider ₹90 Cr QIP

Gravity India Ltd has announced a board meeting scheduled for September 1, 2026. The primary agenda items include considering and approving a Qualified Institutions Placement (QIP) to raise up to ₹90 Crore. The funds will be raised through eligible securities, including equity shares or convertible instruments. The board will also discuss the QIP's size, structure, pricing, and utilization of proceeds. Additionally, the meeting will address the alteration of the Memorandum of Association (MOA) to include businesses in Information Technology, Data Centres, and semiconductor manufacturing. The notice for the 39th Annual General Meeting (AGM), book closure, record date, and appointment of a scrutinizer for the AGM will also be considered.