Gravita India Limited announced the outcome of its Board Meeting held on May 07, 2026. The Board approved the Audited Financial Results (Standalone and Consolidated) for the Quarter and Financial Year ended March 31, 2026. Key decisions also included the closure of its subsidiary, Recycling Infotech LLP. Furthermore, the company approved the setting up of a Copper Recycling Plant at Mandvi, Gujarat, with an approximate capital expenditure (Capex) of ₹160 Crores. This strategic investment is expected to diversify business operations, optimize land asset utilization, and enhance shareholder value. In a significant move for corporate governance, M/s Deloitte Touche Tohmatsu India LLP (Deloitte) has been appointed as the new Internal Auditor for the financial year 2026-27, replacing M/s PricewaterhouseCoopers Services LLP (PwC) upon completion of their tenure. The Board meeting commenced at 01:00 P.M. and concluded at 06:15 P.M.
