Type of Deal: Subsidiary incorporation (100% ownership through step-down structure)
Stake/Capacity: 99% shareholding held by Gravita Netherlands B.V. (step-down wholly owned subsidiary) and 1% shareholding held by Gravita Global Pte. Ltd., Singapore (wholly owned subsidiary)
Deal Value: USD 200,000 (approximately ₹1.66 crore at current exchange rates)
Funding Source: Cash consideration
Financial Impact: Not disclosed - the company is newly incorporated and yet to commence business operations
Timeline: Date of Incorporation: 02nd October, 2026. Date of receipt of approval: 08th October, 2026
Strategic Rationale: To explore future business opportunities and expand recycling operations in Lead, Aluminium and Rubber in Mozambique
Approval Status: Completed incorporation. Regulatory filing made pursuant to SEBI Listing Regulations
Related Party Status: The acquisition falls within related party transactions as Green Maputo Recyclers, LDA is a step-down wholly owned subsidiary of Gravita India Limited
