Grovy India Ltd — Important, 12-06-2026: Company Update

Grovy India Limited has announced significant leadership changes as part of a strategic restructuring to enhance governance, operational oversight, and long-term growth initiatives. Mr. Prakash Chand Jalan, previously a Non-Executive Director, has been appointed Managing Director & Chairperson for five years, pending shareholder approval. Mr. Nishit Jalan has transitioned from Whole-time Director & CEO to Chief Financial Officer. Concurrently, Mr. Ankur Jalan has ceased being CFO and is now a Non-Executive Director, also subject to shareholder approval.