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GRP Limited has invested Rs. 5 crore in its wholly-owned subsidiary, GRP Circular Solutions Limited (GCSL), through a rights issue. GCSL manufactures recycled and compounded polypropylene. This investment aims to meet GCSL's funding needs, bolster its financial strength, and position it for future growth in the rapidly expanding plastics recycling ecosystem. The move reinforces GRP's commitment to sustainable materials and supports its subsidiary's operational expansion, with GCSL remaining a 100% owned entity.