GRAVITANSEGravita India Limited· MiningMinimalNeutral
Announced Thu, 16 Apr · 17:57 IST

Gravita India Limited has informed the Exchange about General Updates

GRAVITA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹1661.00
prior close
₹1675.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.8-0.6+0.1-0.5-1.1-2.1-4.8-5.5-2.3+7.2-1.9+0.4+9.3
Up moveDown movePending
AI summary

Gravita India Limited has acquired an additional 20,400 shares representing 0.49% of Rashtriya Metal Industries Limited (RMIL), its subsidiary. Following this acquisition, Gravita's shareholding in RMIL has increased from 98.95% to 99.44%. This disclosure is a continuation of an earlier update made on 12th March 2026 and is filed under Regulation 30 of SEBI LODR Regulations. The company is now very close to 100% ownership of its subsidiary.

Likely market impact

This increased stake consolidation strengthens Gravita's control over its subsidiary. The near-complete ownership at 99.44% positions the company for smoother future consolidation and simplifies any potential merger or delisting processes for RMIL.