Asia
Gravita India Completes Voluntary Dissolution of Inactive South Africa Subsidiary; Shares Up 3%
Gravita India (NSE:GRAVITA, BOM:533282) said it has completed the voluntary dissolution of Recyclers South Africa, a subsidiary of Gravita Netherlands B.V., according to a Tuesday filing on Indian bourses.Shares of the company rose nearly 3% in Wednesday's trade.The company said closure of the its step-down unit will have no material financial impact and was not part of any sale.
BOM:533282NSE:GRAVITA
