Intimation of holding 38th AGM of Gravity India limited on 30th September 2025 at 1:00 P.M. through video / Other Audio-visual means.
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Gravity (India) Limited has informed BSE that its 38th AGM will be held on Tuesday, 30th September 2025 at 1:00 PM via Video Conferencing. Remote e-voting is open from 27th September (9:00 AM) to 29th September 2025 (5:00 PM), with the cut-off date set as 23rd September 2025. The Register of Members will be closed from 24th to 30th September 2025. Shareholders will consider adoption of FY25 audited financials, re-appointment of a director by rotation, and appointment of statutory and secretarial auditors for a five-year term (FY2025-26 to FY2029-30). Four additional directors (including the Managing Director and Independent Directors) are being regularized. As a Special Resolution, the company is seeking shareholder approval to change its Object Clause, pivoting from its existing fabrics and garments business to IT services, software development, web/mobile applications, IT consulting, and electronic products trading.
The key highlight is the proposed shift in the company's main business from textiles (fabrics and garments) to IT services, software, and electronics, which represents a major strategic diversification. Multiple director appointments/regularizations and a fresh five-year auditor appointment are also on the agenda. Shareholders should review the Special Resolution on the Object Clause change carefully, as it defines the future business direction of the company.