Gravita Netherlands boosts stake in Gravita Europe to 95%

Gravita Netherlands B.V. (GNBV), a step-down subsidiary of Gravita India Limited, is set to acquire an additional 3,50,891 shares in Gravita Europe S.R.L., increasing its stake by 15%. This transaction will raise GNBV's total shareholding in Gravita Europe S.R.L. from 80% to 95%. The total cash consideration for this acquisition is €685,000.

Gravita Europe S.R.L., based in Romania, is engaged in the trading and recycling of waste tires. The company reported a turnover of INR 3.32 Crores as of September 30, 2025. This acquisition is not considered a related party transaction and falls within Gravita India's main line of business.

Regulatory approvals from local Romanian authorities may be required, with the completion period estimated at approximately 30 days.

Gravita Europe S.R.L. was incorporated on November 5, 2024. Its September 2025 turnover reflects its current operational status.