Minister of trade and industry in Trinidad & Tobago visit to GRAVITA

08 January 2012: Gravita India Limted has taken a strong move towards its global presence. Company has initiated to setup a new battery recycling plant in Trinidad & Tobago. It is noted that Kamla Prasad Bissessar, The Prime Minister of Trinidad & Tobago is the chief guest of ongoing Pravasi Bhartiya Divas at Jaipur. Mr. Rajat Agrawal (MD of GRAVITA) and Mr. Brian Frontin (The Chairman of InvesTT) has signed a memorandum of understanding (MOU)  in the presence of Mr. Stephen Cadiz (Minister of trade and Industry in Trinidad & Tobago).

Gravita is operating 3 Lead recycling plants in India and 7 plants in overseas.

Managing Director of Gravita India Ltd, Mr. Rajat Agrawal said “We are committed to save Environment”. Gravita is public listed company since Nov. 2010 and the company have been providing good profit to the investors and shareholders from the listing date.
The company is also planning to setup lead recycling plants in 3 more countries.

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Gravita Board of Directors recommend 40% Dividend

21 May 2011. The Board of Directors of the Company, at their meeting held on 21st May 2011 have recommended Final Dividend of 40% ( 4/- per share) for the Financial Year ended 31st March 2011, subject to final approval of shareholders at the forthcoming Annual General Meeting.

 

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Gravita Board of Directors approved Employees Stock Option Plans

21 May 2011. The Board of Directors of the Company, at their meeting held on 21st May 2011 have approved the issuance of Employees Stock Option Plans subject to final approval of shareholders at the forthcoming Annual General Meeting.

 

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Gravita Acquires M/s K M Udyog, Jammu

04 April 2011. We are pleased to announce that our Company, Gravita India Limited together with its subsidiary Company, Gravita Exim Limited have acquired 60% stake in M/s K.M. Udyog, Jammu. The installed Lead manufacturing and refining capacity of M/s K.M. Udyog, Jammu is 7200 MT per annum.

With this addition, the enhanced capacity of Gravita India Limited will be 45,900 MT per annum. The addition of M/s K.M. Udyog, Jammu is expected to improve the top and bottom line of the Company by around  65,00,00,000/- (Rupees Sixty Five Crores only) and 3,00,00,000/- (Rupees Three Crores only) respectively during the Financial Year 2011-12.