GRP has entered into a non binding Memorandum of Understanding (MoU) with the Marangoni group, Italy for the sale of its equity shareholding in the Joint Venture company Marangoni GRP. The terms and conditions of this sale will be finalised in due course and the same shall be informed when the binding share sale agreement is executed, on or before March 31, 2022.
GRP is among the most recognized manufacturer of reclaimed rubber from used tyres, upscaled polyamide from nylon waste and engineered products die-cut from end-of- life tyres.
