Gravita India533282New investment
Gravita India to invest approx Rs. 94.42 crore in subsidiary RMIL via its rights issue
By ScoutQuest · · 1 min read
99.59%Shareholding -rights issue
- Consideration
- approx. Rs. 94.42 crores
- Shareholding pre-rights issue
- 99.5880%
- Shareholding post-rights issue
- 99.5881%
- Target
- Rashtriya Metal Industries Limited ("RMIL")
- Transaction
- Acquisition through subscription to rights issue (increase in stake in material
Gravita India to invest approx Rs. 94.42 crore in subsidiary RMIL via its rights issue.
1041 (Rs. in Crores)+14.4%
FY2024-25910 (Rs. in Crores)FY2025-261041 (Rs. in Crores)
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More numbers
- Cost of acquisition (cash consideration)Approx Rs. 94.42 Crores
- Shareholding pre-rights issue99.5880%
- Shareholding post-rights issue99.5881%
- RMIL net worth as on March 31, 2026330 (Rs. in Crores)
- RMIL turnover FY 2025-261041 (Rs. in Crores)
- RMIL total assets as on March 31, 2026579 (Rs. in Crores)
- RMIL turnover FY 2024-25910 (Rs. in Crores)
- RMIL turnover FY 2023-24688 (Rs. in Crores)
Source: BSE · 17 Oct 2026
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