Gravity India Ltd to hold 39th AGM on Sep 25, 2026; plans ₹90 Cr QIP
Gravity India Ltd has announced its 39th Annual General Meeting (AGM) will be held on September 25, 2026, through Video Conference/Other Audio-visual Means. The meeting agenda includes adopting financial statements, appointing a director, approving statutory and secretarial auditors for five years, regularizing appointments of directors and designating them to key roles (MD & CEO, Executive Director & CFO, Non-Executive Independent Director), and crucially, considering a Qualified Institutions Placement (QIP) to raise up to ₹90 crore. The company has also set September 18, 2026, as the cut-off date for voting eligibility and will close its Register of Members and Share Transfer Books from September 19 to September 25, 2026.
Key Highlights
- AGM scheduled for September 25, 2026, via VC/OAVM.
- Company plans to raise ₹90 crore through Qualified Institutions Placement (QIP).
- Approval sought for statutory and secretarial auditors for five years.
- Regularization and designation of additional directors to key management roles.
- Cut-off date for voting eligibility set as September 18, 2026.
Price Impact
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