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GRAVITANSEGravita India Limited· Minerals & MiningHighNeutral
Announced Thu, 19 Mar, 2026 · 19:39 IST

GRAVITA INDIA LIMITED has informed the Exchange about Resignation of Independent director.

GRAVITA · price

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

Price reactionminutes from the announcement price · days from the prior close
-0.3%Reaction day
₹1407.20
prior close
₹1417.00
announcement price
After-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%-0.6% vs market
Industrial Minerals peers, median of 12sector+1.5%-1.8% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and 1.8 pts less than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.9
10m
+0.8
15m
+0.8
30m
+0.4
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.3+0.3-0.6+1.5-1.8
Next day
-7.1-3.5-3.6-4.7-2.4
2d
-1.2-1.2-0.0-1.5+0.3
3d
+0.6+1.2-0.7+0.0+0.6
4d
-0.9-0.7-0.2-4.5+3.6
5d
-6.3-3.2-3.2-7.6+1.3
1w
-6.9-0.2-6.7-0.1-6.8
15d
+18.0+9.8+8.2+20.0-2.0
1m
+17.4+11.0+6.4+19.1-1.7
2m
+14.6+13.0+1.5+17.6-3.1
3m
+22.9+21.0+2.0+18.1+4.8
UpDownMarket · Nifty Smallcap 250Sector · Industrial Minerals peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Gravita India Limited has informed the exchanges that Mr. Satish Kumar Agrawal (DIN: 10462319) has resigned as an Independent Director of the company, effective from 18th March 2026. He cited pre-occupation and other personal commitments as the reasons for stepping down. He has confirmed that there are no other material reasons for his resignation and does not hold directorship in any other listed company. He has also stepped down from all board committees he was a member of. The Board has recorded its appreciation for his contribution during his tenure.

Likely market impact

This is a routine single independent director exit due to personal reasons with no governance red flags disclosed. Shareholders should note the vacancy on the board, which the company will need to fill within the timelines prescribed under SEBI listing regulations, but no material impact on stock price is expected.