Gravita India Ltd. disclosed an additional acquisition of 20,400 shares in its subsidiary Rashtriya Metal Industries Limited.
The acquisition increases the company's stake in RMIL from 98.95% to 99.44% of the total share capital.
The disclosure is made pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements regulations.
This intimation was formally communicated to both BSE Ltd. and the National Stock Exchange of India Ltd.