Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Gravita India has informed that the company has closed Gravita Mali S.A., a step-down subsidiary of the company situated in Mali, West Africa. This subsidiary was not having any business activity since inception therefore it will not have any material financial impact on the books of the company. The details as required under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed as ‘Annexure-A’.
The above information is a part of company’s filings submitted to BSE.
