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Corporate News

Gravita India subsidiary Green Maputo Recyclers, LDA, formed in Mozambique for USD 200,000
09-Oct-2026, 12:00

Gravita India Limited announced the incorporation of Green Maputo Recyclers, LDA, in Mozambique on October 2, 2026, as a step-down wholly owned subsidiary through Gravita Netherlands B.V. and Gravita Global Pte. Ltd., with Gravita Netherlands B.V. holding 99% shareholding and Gravita Global Pte. Ltd. holding 1% shareholding, and the acquisition involved a cash consideration of USD 200,000, according to a regulatory filing.