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Gravita India Ltd. has revealed the results of its recent postal ballot, in which shareholders voted overwhelmingly in favor of key resolutions. Notably, the approval was granted for the revision of remuneration for both Mr. Rajat Agrawal, Managing Director, and Mr. Yogesh Malhotra, Whole-Time Director & CEO. A significant fund-raising initiative through private offerings, not exceeding ₹1,000 crore, was also endorsed. Lastly, Mr. Sunil Kansal has been appointed as a Whole-Time Director. These developments reflect strong shareholder support and could boost investor confidence in the company's strategic direction, driving a positive sentiment in the market.