Gravita India Limited — Others, 22-01-2025: Change in Management

Gravita India Ltd. has announced a board meeting on January 22, 2025, where key decisions included the approval of un-audited financial results for the quarter and nine months ended December 31, 2024. The company reported a revenue from operations of ₹819.08 crore, with a profit before tax of ₹39.78 crore. Additionally, Mr. Yogesh Malhotra has been re-appointed as Whole Time Director and CEO for three years, while Mrs. Shikha Sharma is set to join as a Non-Executive Independent Director, pending shareholder approval. This update may provide a positive outlook for investors, reflecting stability in leadership and ongoing operational performance.