Date:28/09/11,
M&A,
Domestic Deal Exit,
Gravita India Ltd, sells its entire shareholding in Gravita Georgia LLC. Gravita had established this plant in 2007-08 to process 1800MT of battery scrap annually.
Gravita India Ltd manufactures lead metal by recycling and smelting process.the company has 8 lead manufacturing units out of which 2 are in Asia and 5 are in African Continent. It recently raised it's stake in Jammu Kashmir based unit, Metal Inc. to 100%.
Gravita India Ltd manufactures lead metal by recycling and smelting process.the company has 8 lead manufacturing units out of which 2 are in Asia and 5 are in African Continent. It recently raised it's stake in Jammu Kashmir based unit, Metal Inc. to 100%.
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