Gravity (India) Limited at its Board of Directors meeting held on August 5, 2016, taken on record the resignation of Mr. Varun Thakkar from the post of the Chief Financial Officer and the Key Managerial Personnel of the company with effect from 05th August, 2016. The board also approved the appointment of Mr.Jay Thakkar as Officer and Key Managerial Personnel of the company with effect from 05th August, 2016.