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.

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.

Gravita India Limited has announced its decision to voluntarily close Recyclers South Africa (PTY) Ltd., a step-down subsidiary held entirely by Gravita Netherlands B.V. The closure comes as a result of a lack of business activity and is expected to have minimal financial impact on the company's operations.

Key Details of the Closure

The decision to close the South African subsidiary was disclosed in a regulatory filing by Gravita India Limited. Here are the essential points of the announcement:

Closure Process and Timeline

The company has stated that the process for closure will be initiated in accordance with applicable laws and regulations. While the exact date of completion for the closure has not been specified, Gravita India has committed to providing a separate intimation once the subsidiary is officially closed.

Financial Implications

According to the regulatory filing, the closure of Recyclers South Africa (PTY) Ltd. is not expected to have any material financial impact on Gravita India's books. This is primarily due to the subsidiary's lack of business activity and its minimal contribution to the parent company's financials.

Corporate Governance and Disclosure

Gravita India's decision to close the inactive subsidiary and its prompt disclosure to stakeholders aligns with good corporate governance practices. The company has provided detailed information as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The closure of this inactive subsidiary may be seen as a step towards streamlining operations and potentially improving overall efficiency within the Gravita India group. However, given the subsidiary's negligible financial contribution, the move is unlikely to significantly alter the company's financial position or operational capabilities in the near term.

Investors and stakeholders of Gravita India Limited should note that while this corporate action represents a change in the company's structure, its impact on the overall business appears to be minimal based on the information provided.