Gravity (India) Ltd. — Share Issue/Capital Change 2026

May 25, 2026

GRAVITY (INDIA) LIMITED
(CIN: L62099MH1987PLC042899)
Gravity India LIMITED

Date: 25th May, 2026

To,
Bombay Stock Exchange Limited
Department of Corporate Services,
25th Floor, P. J. Towers, Dalal Street,
Mumbai-400001

Scrip Id: 532015
ISIN: INE995A01013

Sub: Outcome of the Meeting of the Rights Issue Committee of Gravity India Limited, held today i.e. Monday, 25th May, 2026.

Respected Sir/ Ma’am,

This is with reference to our letter of offer dated April 01, 2026 on raising of fund by issuing 6,90,14,950 equity shares of face value of Rs. 10.00 each (Rupee Ten only) (‘Equity Shares’) at a price of Rs.10.00/- (Rupees Ten Only) per equity share (‘issue price’) (‘right shares’) of our company for cash at a price of Rs. 10 per rights equity share (the “Issue Price”) aggregating up to Rs. 69,01,49,500/-. (“the issue”) on a rights basis to the public eligible equity shareholders of our Company in the ratio of 23 (Twenty Three) Rights Shares for Every 3 (Three) Equity Shares held by the eligible equity Shareholders of our company on the record date which was opened from Monday, April 27, 2026 to Monday, May 25, 2026.

In this regard, we wish to inform you that the Company has not achieved the minimum subscription of 90% of the issue size as required under Regulation 86(2) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"). Hence, we are under process to give instruction to RTA i.e. MUFG Intime India Private Limited for Refund / Unblocking of amount lying under the ASBA Account to those who have applied for this Rights Issue. We will co-ordinate with the respective bank in consultation with RTA for unblocking the amount.

Accordingly, the Company shall not proceed with the allotment of equity shares under the said Rights issue.

The meeting of the board of directors commenced at 05:00 P.M. and concluded at 05:30 P.M.

This is for your information and records.

Thanking you,

Yours Faithfully,

For Gravity (India) Limited

Mukesh
Mahendrabhai
Parmar

Digitally signed by Mukesh
Mahendrabhai Parmar
Date:2026.05.25 17:33:02
+05'30'

Mukesh Mahendrabhai Parmar
Managing Director
DIN: 11473295

Registered Office: Paresh Complex, Building No. C, Gala No. 227A, Near Guru Kripa Hotel, Reti Bunder Road, Kalher Village, Bhiwandi, Thane, Maharashtra, India, 421302
Corporate Headquarters: 307, The Rishikesh 2, Navrangpura, Ahmedabad - 380009, India
Ph: +91-7035331332
Email: acctbillingdnh@gmail.com / info@gravityindialtd.com | www. gravityindialtd.com