GRAVISSHOBSEGraviss Hospitality LtdHighNegative
Announced Fri, 22 May · 16:35 IST

Pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, we wish to inform that Mr. Ravi Ghai (DIN 00074612), Director and Chairman (Non-Independent and Non-Executive)has ....

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GRAVISSHO · price

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

Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹29.39
prior close
₹30.49
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-0.0-5.8-5.8+2.8-2.1-1.3-1.3+2.0+2.1-1.8-1.3-0.6
Up moveDown movePending
AI summary

Mr. Ravi Ghai, Director and Chairman (Non-Executive and Non-Independent) of Graviss Hospitality Ltd, has vacated his office with effect from May 22, 2026. The vacation was automatic under Section 167(1)(b) of the Companies Act, 2013, triggered by his absence from all Board meetings over a 12-month period. No resignation or voluntary departure is involved. The company has filed this disclosure under SEBI Regulation 30 with the required annexure details. The company secretary Jalpa Ghutam Modi signed the filing.

Likely market impact

The stock may see minor negative sentiment as the Chairman has vacated office, though this is a technical/automatic vacation rather than a voluntary resignation. No immediate operational impact is expected, but the board will need to fill the position.