GRP is planning to raise funds by way of equity shares or other securities through rights issue, qualified institutional placement, preferential issue or any other method as may be permitted under the applicable law, subject to such regulatory/statutory approvals as may be required. The meeting of the Board of Directors of the Company is scheduled on October 31, 2023, inter alia, to consider and approve the same.
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.