Grovy India Limited has provided prior intimation of a Board of Directors meeting scheduled for Friday, June 12, 2026 at 04:00 P.M. The meeting will consider and approve the restructuring of the senior management and leadership framework of the Company, including consequential changes in the composition of the Board of Directors and Key Managerial Personnel.
The specific agenda items include:
- Cessation of Mr. Prakash Chand Jalan as Non-Executive Director and his appointment as Managing Director cum Chairperson of the Company, subject to the approval of the shareholders and such other approvals as may be required
- Cessation of Mr. Nishit Jalan as Whole Time Director & Chief Executive Officer and his appointment as Chief Financial Officer of the Company
- Cessation of Mr. Ankur Jalan as Chief Financial Officer and his appointment as Non-Executive Director of the Company, subject to such approvals as may be required
The disclosure is made in terms of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation is also being hosted on the company's website at www.grovyindia.com.
The letter is signed by Simran Rajput, Company Secretary cum Compliance Officer (Membership Number A77691), and addressed to The Secretary of BSE Limited at P. J. Towers, Dalal Street, Mumbai – 400 001.