Gravity India Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2025 ,inter alia, to consider and approve 1. Appointment of Mr. Manoj ....
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Gravity (India) Limited has called a Board meeting on May 22, 2025, to approve several leadership changes effective September 1, 2025. Mr. Manoj Kanhiyalal Ramavat (DIN: 11039927) will be appointed as Additional Director and designated as Managing Director and Chief Executive Officer. Ms. Ambika Jindal (DIN: 10310252) will join as Non-Executive Non-Independent Director, and Mr. Tushar Rai Sharma (DIN: 09211414) will join as Non-Executive Independent Director. Existing Managing Director Mr. Varun Rasiklal Thakkar will be redesignated as Non-Executive Non-Independent Director and Chairman, stepping back from executive operations. All appointments are subject to board approval at the May 22 meeting.
These changes indicate a leadership transition at the company, with the current Managing Director moving to a non-executive Chairman role while a new external CEO takes charge. Shareholders should watch for the formal approval outcome and any further details on the new CEO's background and strategic direction.