Gravita India’s arm sells entire stake in Met Mauritania Recycling SARL

Gravita India Ltd. | Metal - Non Ferrous | Metals & Mining | BSE: 533282 | NSE: GRAVITA

04 Jul 2019 Evaluate

Gravita India’s step down subsidiary--- Gravita Netherlands BV has sold its 100% stake in Met Mauritania Recycling SARL formerly known as Gravita Mauritania SARL (a wholly owned subsidiary of Gravita Netherlands BY). The said step down subsidiary do not contribute directly to Gravita India as the company is not having any stake in the subsidiary, it is a step down subsidiary of the company.

Gravita India is a leading recycling company having its operations in Non-Ferrous Metals and Plastic Recycling.

Peers

Company Name	CMP
Hindalco Industries	975.00
Vedanta	262.00
Hindustan Zinc	590.25
Jain Resource Recycl	291.40
CMR Green Tech	229.40
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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