Gravita India increases lead recycling capacity at Phagi unit

Gravita India has increased the production capacity of its existing recycling unit situated at Phagi, Jaipur. The company disclosed this development in a regulatory filing dated May 20, 2026, submitted under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The expansion specifically targets the lead recycling capabilities of the facility. The existing capacity for lead recycling at the unit has been increased by 40,500 Metric Tonnes Per Annum (MTPA). Following this augmentation, the total capacity of the unit for lead recycling now stands at 75,819 MTPA.

Capacity Details

The following table outlines the capacity changes at the Phagi unit:

Metric	Value
Capacity Increase	40,500 MTPA
Total Lead Recycling Capacity	75,819 MTPA

The company stated that this information is being provided in continuation to an earlier disclosure made on May 8, 2026. The filing was signed by Nitin Gupta, Company Secretary and Compliance Officer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.25%	-3.09%	-0.24%	-3.78%	-20.09%	+1,448.35%

Gravita India Limited has received a penalty order from the Office of the Assistant Commissioner, Ghaziabad, Uttar Pradesh, under Section 129 of the Goods and Services Tax Act, 2017. The order, dated 16th May, 2026, imposes a penalty of Rs. 1,65,863/- (Rupees One Lakh Sixty-Five Thousand Eight Hundred Sixty-Three Only) on the company. The disclosure was made pursuant to Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Nature of the Alleged Violation

According to the regulatory filing, the alleged contravention pertains to a discrepancy in shipping documentation. Specifically, the place of loading mentioned in the documents differs from the actual place of loading. This mismatch formed the basis for the penalty action initiated by the Ghaziabad tax authority under the GST Act, 2017.

Key Details of the Penalty Order

The following table summarises the key particulars of the penalty order as disclosed by the company:

Parameter:	Details
Authority:	Office of Assistant Commissioner, Ghaziabad, Uttar Pradesh
Order Date:	16th May, 2026
Penalty Amount:	Rs. 1,65,863/-
Statutory Provision:	Section 129 of the Goods and Services Tax Act, 2017
Nature of Violation:	Place of loading in documents differs from actual place of loading
Financial Impact:	No material impact beyond the penalty amount of Rs. 1,65,863/-

Impact Assessment

Gravita India has stated that the penalty has no material impact on its financial or operational activities, except to the extent of the penalty amount of Rs. 1,65,863/-. The company communicated this development to both BSE Limited and the National Stock Exchange of India Ltd. in compliance with its disclosure obligations under the SEBI Listing Regulations. The filing was signed by Nitin Gupta, Company Secretary (FCS: 9984), on behalf of Gravita India Limited.