Graviss Hospitality Ltd

Director appointment

• Appointment of Mr. Amrit Mirpuri as Non-Executive, Non-Independent Director approved by postal ballot.
• Date of appointment: 01 June 2026; shareholders approval: 10 August 2026.
• Remote e-voting conducted 11 July to 10 August 2026.
• Candidate has ~35 years’ experience in real estate development and construction management.
• Filing complies with Regulation 30 of SEBI LODR and MCA guidelines.
• No material financial impact disclosed.

Director Appointment

• Ordinary resolution to appoint Mr. Amrit Mirpuri as Non-Executive, Non-Independent Director.
• Approved: 33,667,821 in favour, 290 against; 33,668,111 polled (47.74% of shares).

Key audit emphasis

• Accumulated losses of three Graviss subsidiaries exceed their net worth as of 30 June 2026.
• Management expects orders and alternate plans; investments remain recoverable; subsidiary loans recoverable.
• Auditor's conclusion not modified due to above matter.
• 3Q2026 figures are balancing figures between audited full-year and prior-year Q3.
• Consolidated results include Graviss Catering Private Limited, Graviss Hotels and Resorts Limited, Graviss Restaurants Private Limited.

Resolutions

• Ordinary Resolution: appoint Amrit Mirpuri as Non-Executive, Non-Independent Director, liable to retire by rotation.

Director profile

• Role: Non-Executive, Non-Independent Director.
• Term: liable to retire by rotation; no fixed term disclosed.
• Experience: ~35 years in real estate development and construction management.
• Shareholding: NIL.
• Not related to other Directors or KMP.

Voting details

• Remote e-voting window: 11 Jul 2026 to 10 Aug 2026.
• Cut-off date for eligibility: 3 Jul 2026.
• Result to be announced by 12 Aug 2026.
• Scrutinizer: Martinho Ferrao.
• Platform: MUFG Intime via InstaVote.

Material impact

• Governance: board expansion by one director; no capital or remuneration changes disclosed.
• Remuneration: NIL.
• Outcome: postal ballot results to be announced by Aug 12, 2026.

Director reappointment

• Romil Ratra reappointed as Whole-time Director for five-year term, effective March 1, 2026.
• Background: hospitality professional with 30+ years; with Graviss since 2020.

Dematerialisation status

• Dematerialisation requests processed; securities listed on the stock exchanges.
• Certificates received for dematerialisation mutilated and cancelled after verification; depository name substituted as registered owner within timelines.
• No dematerialisation or rematerialisation requests were received during the period.

Purpose and resolutions

• Two resolutions: Re-appointment of Romil Ratra as Whole-time Director (Special) and TMH expansion with related-party transaction (Ordinary).

Resolution 1: Re-appointment of Romil Ratra

• Outcome: Passed; votes polled 33,672,143; in favour 33,671,800; against 343; promoter group not interested.

Resolution 2: TMH expansion with related-party transaction

• Outcome: Passed; Ordinary; TMH expansion with material related-party transaction; promoter group interested.

Appointment

• Mr. Amrit Mirpuri appointed as Additional Director, Non-Executive and Non-Independent, effective June 1, 2026.
• Board approved the appointment on NRC recommendation.
• He has about 35 years' experience in real estate development and construction management.
• He has worked with suppliers, vendors, OEMs, and other building-development partners.
• He is involved in philanthropic and social initiatives, including Tata Memorial Hospital.
• No relationship with other directors was disclosed.
• He is stated not to be debarred by SEBI or other authorities.

Cessation

• Mr. Ravi Ghai ceased as director effective May 22, 2026.
• Cessation was under Section 167(1)(b) of the Companies Act, 2013.
• The cessation had been disclosed earlier to the stock exchange.