Gravita India Subsidiary Increases Stake in Romania Unit

1 min read     Updated on 24 Dec 2025, 09:23 AM
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Overview

Gravita Netherlands BV, a step-down subsidiary of Gravita India, plans to acquire an additional 15% stake in Gravita Europe S.R.L., a Romanian waste tyre recycling company. The acquisition involves 3,50,891 shares for 685,000 EUR (₹7.24 crores), increasing GNBV's shareholding from 80% to 95%. The transaction is expected to complete in about 30 days and may require approvals from Romanian authorities.

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Gravita India has disclosed that its step-down subsidiary Gravita Netherlands BV (GNBV) plans to make an additional investment in Gravita Europe S.R.L., increasing its stake in the Romanian recycling operations. The company made this announcement on December 24, 2025, in compliance with SEBI Listing Regulations.

Transaction Details

The acquisition involves the planned purchase of 3,50,891 additional shares, representing a 15% stake in Gravita Europe S.R.L. The transaction parameters are outlined below:

Parameter Details
Shares to be Acquired 3,50,891 shares (15% stake)
Total Consideration 685,000 EUR (₹7.24 crores)
Current Shareholding 80%
Post-Acquisition Shareholding 95%
Expected Completion Approximately 30 days

About Gravita Europe S.R.L.

Gravita Europe S.R.L. is a Romanian subsidiary engaged in trading and recycling of waste tyres. The company was incorporated on November 5, 2024.

Business Parameter Details
Primary Business Trading and Recycling of waste tyres
Location Romania
Date of Incorporation November 5, 2024
Turnover (as of September 30, 2025) ₹3.32 crores
Industry Classification Manufacturing and Recycling

Regulatory Compliance and Approvals

The transaction has been structured as a non-related party transaction, with no promoter or promoter group interest in the entity being acquired. The company has indicated that the transaction may require certain approvals from local Romanian authorities.

Key regulatory aspects include:

  • Compliance with SEBI Regulation 30 disclosure requirements
  • Potential approvals from Romanian local authorities
  • Transaction falls outside related party transaction framework

Strategic Alignment

The acquisition aligns with Gravita India's core business operations in the manufacturing and recycling sector. The company noted that Gravita Europe S.R.L.'s business activities are within the mainline business of the listed entity, focusing on waste tyre recycling operations in the Romanian market.

This investment represents Gravita India's continued expansion in European markets through its subsidiary structure, strengthening its presence in the waste recycling segment across international operations.

Historical Stock Returns for Gravita India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.24%+1.77%+1.97%+8.12%-16.54%+2,603.18%
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Gravita India Gets ESG Score of 60.8 from SES

1 min read     Updated on 17 Dec 2025, 11:32 AM
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Reviewed by
Radhika SScanX News Team
Overview

Gravita India Limited has obtained an ESG score of 60.8 from SES ESG Research Private Limited for FY2024-25. The assessment was conducted independently using publicly available data. The company disclosed this information to stock exchanges on December 17, 2025, in compliance with SEBI regulations. The ESG rating was based on the company's performance during FY2024-25, with the report dated December 16, 2025.

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*this image is generated using AI for illustrative purposes only.

Gravita India Limited has received an Environmental, Social, and Governance (ESG) score of 60.8 from SES ESG Research Private Limited, as disclosed to the stock exchanges on December 17, 2025. The company made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Details

The ESG score assessment was conducted independently by SES ESG Research Private Limited without any engagement from Gravita India Limited. The rating agency prepared its report based on publicly available data pertaining to the company's performance during FY2024-25.

Parameter Details
ESG Score (Adjusted) 60.80
Rating Agency SES ESG Research Private Limited
Assessment Period FY2024-25
Report Date December 16, 2025
Disclosure Date December 17, 2025

Regulatory Compliance

The disclosure was made in accordance with multiple SEBI regulations and circulars. The company referenced Regulation 30 read with Para A of Part A of Schedule III to the SEBI Listing Regulations, along with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Circular no. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024.

Company Communication

Gravita India Limited specifically clarified that it had not engaged SES for the ESG rating process. The rating agency independently evaluated the company's environmental, social, and governance practices using information available in the public domain. This transparency in disclosure demonstrates the company's commitment to regulatory compliance and stakeholder communication.

The notification was signed by Nitin Gupta, Company Secretary (FCS: 9984), and communicated to both BSE Limited and the National Stock Exchange of India Limited as part of the mandatory disclosure requirements under SEBI regulations.

Historical Stock Returns for Gravita India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.24%+1.77%+1.97%+8.12%-16.54%+2,603.18%
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