Gravita India acquires Rasthriya Metal Industries

Gravita India agreed to acquire Rasthriya Metal Industries. Reported deal value: Undisclosed. Status: Pending. Sector: Copper & Copper Alloy Products. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-02-10. Figures and status may change as filings and press coverage update.

Gravita India advanced 2.31% to Rs 1712.65 after the company announced the signing of a binding term sheet for the proposed acquisition of equity stake upto 100% in Rasthriya Metal Industries by way of a share purchase agreement .The proposed acquisition involves the purchase of shares from the existing shareholders of RMIL, which upon completion will result in RMIL becoming a subsidiary of Gravita