Gravita India Limited has completed the voluntary dissolution of its step-down subsidiary, Recyclers South Africa (PTY) Ltd., as announced in a regulatory filing dated April 14, 2026. The subsidiary was situated in South Africa and operated under Gravita Netherlands B.V.

Subsidiary Dissolution Details

The company informed stock exchanges that the voluntary dissolution process has been completed following earlier disclosures made on November 15, 2025. The subsidiary had ceased all business activities prior to the dissolution, making it a non-operational entity within the corporate structure.

Financial Impact Assessment

The dissolution will have no material financial impact on Gravita India's consolidated accounts. The subsidiary's contribution to the parent company was minimal, reflecting its inactive status.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed disclosures as required under the SEBI master circular dated January 30, 2026.

Key regulatory aspects include:

• No sale agreement involved as this was a voluntary dissolution
• No consideration received from the process
• Transaction does not fall under related party transactions
• Dissolution completed outside any scheme of arrangement

Corporate Structure Optimization

The dissolution represents a strategic move to streamline Gravita India's corporate structure by eliminating non-operational entities. This action helps reduce administrative overhead and compliance requirements associated with maintaining inactive subsidiaries across international jurisdictions.

The company continues to focus on its core recycling business operations while maintaining regulatory transparency through timely disclosures to stock exchanges.

Gravita india Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The filing demonstrates the company's adherence to mandatory regulatory requirements governing depository operations and share transfer activities.

Regulatory Compliance Filing

The certificate was submitted to both major Indian stock exchanges where Gravita India's shares are listed. Company Secretary Nitin Gupta (FCS: 9984) signed the compliance document on April 10, 2026, ensuring timely submission of the required regulatory documentation.

Registrar Certification Process

KFIN Technologies Limited, serving as the company's Registrar to an Issue and Share Transfer Agent, issued the compliance certificates on April 2, 2026. The certificates were signed by Sharmila Hemant Amin, Assistant Vice President at KFIN Technologies Limited.

The registrar confirmed that all details of securities dematerialized and rematerialized during the quarter ended March 31, 2026 have been properly furnished to stock exchanges where Gravita India's shares are listed, as mandated under SEBI regulations.

Depository Communications

Separate certificates were issued to both major depositories in India:

• Central Depository Services (India) Limited (CDSL) - located at Marathon Futurex, Lower Parel, Mumbai
• National Securities Depository Limited (NSDL) - located at Trade World, Lower Parel, Mumbai

Both certificates carried identical confirmations regarding the company's compliance with securities dematerialization and rematerialization reporting requirements.

Corporate Information

Gravita India Limited operates from its corporate office at Gravita Tower, Jaipur, Rajasthan, with its registered office located at Chittora Road, Jaipur. The company maintains its commitment to regulatory compliance and transparency in its depository operations through systematic quarterly filings with relevant authorities.