Gravita India Ltd. has formally announced the resignation of Independent Director, Mr. Satish Kumar Agrawal (DIN: 10462319), effective March 18, 2026. The resignation is attributed to his pre-occupation and other personal commitments. The Board expressed gratitude for his contributions and confirmed that Mr. Agrawal does not hold directorships in any other listed entities. He has also stepped down from all associated Board committees.
Independent Director Resignation Confirmed
Gravita India Limited disclosed the cessation of services of one of its key non-executive members. Mr. Satish Kumar Agrawal, who held the position of Independent Director, tendered his resignation on March 18, 2026, with immediate effect.
Reason for Departure
The formal resignation letter, dated March 18, 2026, cites pre-occupation and other personal commitments as the sole reasons for his departure from the role. The company confirmed, following requisite disclosures, that there are no other material reasons influencing this decision.
Board Acknowledgement and Confirmation
The Company Secretary, Nitin Gupta, communicated that the Board of Directors formally placed on record its appreciation for Mr. Agrawal’s service and contributions during his tenure. Furthermore, the company confirmed that Mr. Agrawal has stepped down from all Committees of which he was a member.
The announcement confirms that Mr. Agrawal does not hold directorships in any other listed entities. A formal disclosure document detailing the required information pursuant to the applicable corporate regulations was enclosed with the filing dated March 19, 2026.
Source: BSE
