Gravita India Ltd has informed BSE that the Company together with its subsidiary Company, Gravita Exim Ltd have acquired 60% stake in M/s K. M. Udyog, Jammu. The installed Lead manufacturing and refining capacity of M/s K. M. Udyog, Jammu is 7200 MT per annum.
With this addition, the enhanced capacity of the Company will be 45,900 MT per annum. The addition of M/s K. M. Udyog, Jammu is expected to improve the top and bottom line of the Company by around Rs 65,00,00,000/- (Rupees Sixty Five Crores only) and Rs 3,00,00,000/- (Rupees Three Crores only) respectively during the Financial Year 2011-12.
Sensex
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Monday, April 04, 2011
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