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Gravita India LimitedOthers, 13-08-2025: Shareholders meeting

13-08-2025 | 02:57 pm

Gravita India has announced its 33rd Annual General Meeting to adopt the FY25 audited standalone and consolidated financial results. The company confirmed an interim dividend payment of Rs. 6.35 per share for FY25-26. For FY25, consolidated revenue stood at Rs. 3,868.77 Cr, with EBITDA at Rs. 404 Cr and PAT at Rs. 313 Cr. A successful QIP of approximately Rs. 1,000 Cr has made the company net debt-free. Strategic plans include a Rs. 1,500 Cr Capex by FY28 to boost recycling capacity to over 700,000 MTPA and expand into new segments. Shareholders will approve new Secretarial Auditors and ratify Cost Auditors’ remuneration, alongside increasing investment limits to Rs. 2,000 Cr for growth. The company also reported an operational update regarding a digital attack resulting in a Rs. 2.43 Cr embezzlement.

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