Gravita India gains 5% after signing term sheet to acquire up to 100% stake in Rasthriya Metal IndustriesGravita India gains 5% after signing term sheet to acquire up to 100% stake in Rasthriya Metal Industries

Introduction

Leading recycling company announced a binding term sheet to acquire up to 100 percent stake in a copper products manufacturer for about Rs 565 crore.

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Share price movement of Gravita India

On February 10, 2026, Gravita India Ltd opened at ₹1,725.40, up 3.07% from its previous close of ₹1,673.95. The stock touched a high of ₹1,763.05 (5.32%) and a low of ₹1,707.80 (2.02%). By 11:11 AM, it traded at ₹1,712.65, a 2.31% increase, with a market capitalisation of ₹12,640.80 crore.

Gravita Signs RMIL Acquisition Term Sheet

Gravita India Limited signed a binding term sheet to acquire up to 100 percent equity stake in Rasthriya Metal Industries Limited, as disclosed under SEBI Listing Regulations on February 9.

The acquisition will be executed through a share purchase agreement by acquiring shares from existing shareholders, resulting in Rasthriya Metal Industries Limited becoming a subsidiary of Gravita India Limited post-transaction.

Rasthriya Metal Industries Limited manufactures copper and copper alloy products and operates an integrated facility in Sarigram, Gujarat, with 31,200 MTPA capacity and exports to multiple international markets globally annually.

For the year ended March 31, 2025, RMIL reported turnover of Rs. 910 crore and EBITDA Rs. 60 crore; the proposed acquisition value is about Rs. 565 crore in total.

Stock performance of Gravita India for Period of 1 week, 6 months, and 1 year

Gravita India Ltd delivered a 0.98% return over the past week, declined 6.19% over the past six months, and fell 13.8% over the past one year.

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Shareholding pattern of Gravita India

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	55.90%	55.90%	55.90%
FII	15.80%	14.70%	15.10%
DII	4.70%	4.90%	4.40%
Public	22%	23.30%	23.30%
others	1.30%	1.30%	1.40%

About Gravita India

Gravita India Ltd (NSE: GRAVITA) is a recycling company established in 1992, operating across lead, aluminum, plastic recycling and turnkey projects in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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