We are pleased to announce that our Company, Gravita India Limited together with its subsidiary Company, Gravita Exim Limited 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 Gravita India Limited 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 65,00,00,000/- (Rupees Sixty Five Crores only) and 3,00,00,000/- (Rupees Three Crores only) respectively during the Financial Year 2011-12.
With this addition, the enhanced capacity of Gravita India Limited 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 65,00,00,000/- (Rupees Sixty Five Crores only) and 3,00,00,000/- (Rupees Three Crores only) respectively during the Financial Year 2011-12.