Corrigendum to Notice served on 04th September 2025 for 38th Annual General Meeting of Gravity India Limited to be held on 30th September 2025
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Gravity India Limited has issued a corrigendum to the notice of its 38th Annual General Meeting (AGM) scheduled for September 30, 2025, at 1:00 p.m. via Video Conferencing. The corrigendum upgrades Item No. 2 — the re-appointment of Mr. Varun Rasiklal Thakkar (DIN: 00894145), who retires by rotation — from an Ordinary Resolution to a Special Resolution for better governance. It also adds a new Item No. 10 seeking shareholder approval to sell the company's immovable property, comprising land and factory building at Survey No. 10/1, Village Khutali, Khanvel, Dudhani Road, Silvassa (Dadra & Nagar Haveli). Both items now require approval as Special Resolutions. The original AGM notice was dispatched on September 4, 2025, and this corrigendum dated September 22, 2025, must be read along with it.
Shareholders should review the corrigendum carefully as it introduces a new agenda item — sale of a company property — which requires a higher voting threshold (Special Resolution). The change in resolution type for director re-appointment is procedural and does not alter the substance of the re-appointment itself. The property sale, if approved, could impact the company's asset base and is a material decision for shareholders to evaluate.