GRAVISSHOBSEGraviss Hospitality LtdMediumNeutral
Announced Thu, 22 May · 16:30 IST

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.

Management Changes View source PDF

GRAVISSHO · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Graviss Hospitality Ltd, at its meeting on May 22, 2025, approved two audit-related matters. First, it re-appointed M/s. V. Sankar Aiyar & Co., Chartered Accountants, as Internal Auditor for FY 2025-26, effective April 1, 2025. Second, it appointed Martinho Ferrao & Associates, Practicing Company Secretaries, as Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. Both firms are well-established in their respective fields, with V. Sankar Aiyar & Co. having over 70 years of experience and Martinho Ferrao & Associates having 21+ years in corporate governance and compliance.

Likely market impact

This is a routine governance and compliance disclosure with no material impact on shareholders. The re-appointment of the existing internal auditor and the long-term appointment of a new secretarial auditor indicate continuity and strengthening of the company's audit framework.