BSECompany Update17 Oct 2026 · 17 Oct 2026, 04:51 pm

Aquisition through subscription to the rights issue of Rashtriya Metal Industries Limited("RMIL"),a material subsidiary of the company.

Gravita India Ltd · 533282

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Gravita India Ltd has approved an additional investment of approx. Rs. 94.42 crores in Rashtriya Metal Industries Limited, a material subsidiary, by subscribing to the rights issue.

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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment7/10

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Gravita India Ltd - 533282 - Announcement under Regulation 30 (LODR)-Acquisition

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GRAVITA INDIA LTD. Corp. Office: Gravita Tower, A-27 B, Shanti Path, Tilak Nagar, JAIPUR- 302004, Rajasthan (INDIA) Phone: +91-141-4057700/800 Web: www.gravitaindia.com CIN: - L29308RJ1992PLC006870 17th October, 2026 GIL/2026-27/101 The BSE Ltd. The Listing Department Phiroze Jeejeebhoy Towers The National stock Exchange of India Ltd. Dalal Street, Exchange Plaza, C-1, Block-G, Mumbai – 400 001 Bandra - Kurla Complex, Bandra (E), Fax No.: 022-22721919 Mumbai- 400 051 Scrip Code: 533282 Fax No.: 022-2659 8120 Company Code: GRAVITA Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Proposed acquisition through subscription to the rights issue of Rashtriya Metal Industries Limited (“RMIL”), a material subsidiary of the Company Dear Sir/Madam, In furtherance of our intimation dated 30th September, 2026, and pursuant to Regulations 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”), we hereby inform the Stock Exchanges that, pursuant to the Rights Issue approved by the Board of Directors of Rashtriya Metal Industries Limited (“RMIL”), a material subsidiary of the Company, the Company has approved to make an additional investment approx. Rs. 94.42 crores or such higher amount as may be required to subscribe to the Rights Issue in the RMIL, by subscribing to the said Rights Issue. Further, the details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended and Schedule III thereof read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on January 30, 2026, are enclosed is annexed herewith as Annexure-A. You are requested to take the above information on your record and oblige. Yours Faithfully For Gravita India Limited Nitin Gupta (Company Secretary) FCS: 9984 Encl: As above Regd. Offic e: ‘SAURABH’, Chittora Road, Diggi-Malpura Road Tehsil: Phagi, JAIPUR- 303 904, Raj. (INDIA) Phone: +91-9928070682 Email: companysecretary@gravitaindia.com GRAVITA INDIA LTD. Corp. Office: Gravita Tower, A-27 B, Shanti Path, Tilak Nagar, JAIPUR- 302004, Rajasthan (INDIA) Phone: +91-141-4057700/800 Web: www.gravitaindia.com CIN: - L29308RJ1992PLC006870 Annexure - A As required under Regulation 30 of the Listing Regulations, as amended, read with SEBI Circular bearing No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 details are given below: - Sr. No. Particulars Description a) Name of the target entity, details in brief Rashtriya Metal Industries Limited (“RMIL”) such as size, turnover etc.; Brief details of its net worth, total assets as on March 31, 2026, and turnover for the year ended March 31, 2026, are set out below: Amount (Rs. in Crores) Net worth Turnover Total Assets 330 1041 579 b) Whether the acquisition would fall within The Target Entity is a Material Subsidiary of the related party transaction(s) and whether Company and hence a related party. The the promoter/ promoter group/ group transaction is at arm's length. companies have any interest in the entity being acquired? If yes, nature of interest Save and except as mentioned above, the and details thereof and whether the same promoter/promoter group are not interested in the is done at “arm’s length”; transaction. c) Industry to which the entity being RMIL is engaged in the business of manufacturing acquired belongs; of copper & copper alloy products (strips and coils) with exports to UAE, USA, Thailand, Sri Lanka, Oman, Saudi Arabia, Kenya and Indonesia etc. d) Objects and impact of acquisition Investment in the Material Subsidiary for funding (including but not limited to, disclosure of its General Corporate Purposes. reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity); e) Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition; f) Indicative time period for completion of Within the timelines specified in the Rights Offer the acquisition; by the subsidiary company g) Consideration - whether cash Cash consideration consideration or share swap or any other form and details of the same; Regd. Offic e: ‘SAURABH’, Chittora Road, Diggi-Malpura Road Tehsil: Phagi, JAIPUR- 303 904, Raj. (INDIA) Phone: +91-9928070682 Email: companysecretary@gravitaindia.com GRAVITA INDIA LTD. Corp. Office: Gravita Tower, A-27 B, Shanti Path, Tilak Nagar, JAIPUR- 302004, Rajasthan (INDIA) Phone: +91-141-4057700/800 Web: www.gravitaindia.com CIN: - L29308RJ1992PLC006870 h) Cost of acquisition and/or the price at Approx Rs. 94.42 Crores which the shares are acquired; i) Percentage of shareholding / control Particulars % of Shareholding acquired and / or number of shares Pre Rights Issue Offer 99.5880% acquired; Post Rights Issue 99.5881% Offer j) Brief background about the entity Date of November 28, 1946 acquired in terms of products/line of Incorporation business acquired, date of incorporation, Country of India history of last 3 years turnover, country in Incorporation which the acquired entity has presence and CIN U99999MH1946PLC005378 any other significant information (in Business Manufacturing copper & brief); undertaken copper alloy products Turnover of Year Amount last three years FY 25-26 1041 (Rs. in crores) FY 24-25 910 FY 23-24 688 Presence in India Other NA significant information Regd. Offic e: ‘SAURABH’, Chittora Road, Diggi-Malpura Road Tehsil: Phagi, JAIPUR- 303 904, Raj. (INDIA) Phone: +91-9928070682 Email: companysecretary@gravitaindia.com