GRAVISSHOBSEGraviss Hospitality LtdMediumNeutral
Announced Mon, 1 Jun · 12:04 IST

Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Changes View source PDF

GRAVISSHO · price

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Price reaction · full curve 14 horizons · vs prior close
+3.4%1-day move
₹29.00
prior close
₹29.00
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AI summary

The Board of Graviss Hospitality, at its meeting on June 01, 2026, approved the appointment of Mr. Amrit Mirpuri (DIN: 00250898) as an Additional Director in a Non-Executive and Non-Independent capacity. Mr. Mirpuri brings around 35 years of experience in real estate development and construction management, with involvement in philanthropic work including associations with Tata Memorial Hospital. The Board also noted the cessation of Mr. Ravi Ghai (DIN: 00074612) under Section 167(1)(b) of the Companies Act, 2013, effective May 22, 2026, which had already been disclosed to the stock exchange earlier. The company confirmed that Mr. Mirpuri is not debarred from holding directorship by any SEBI or regulatory order.

Likely market impact

This is a routine board composition update with no major financial implications. Shareholders should note the leadership refresh, but the changes appear to be administrative in nature and unlikely to materially affect stock price in the short term.