Gravita India Limited Approves Interim Dividend for the Financial Year 2020-21, Payable on or Before 26 February, 2021
January 28, 2021 at 06:46 pm IST
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The Board of Directors of Gravita India Limited at their meeting held on 28 January, 2021 declared the Interim Dividend of INR 1.10/- per equity share of INR 2/- each for the financial year 2020-21. Also, in terms of Regulation 42 of the Listing Regulations, the Board has fixed 9 February, 2021, as the Record Date for the purpose of ascertaining the eligibility of shareholders for the payment or Interim Dividend and the payment of interim dividend/dispatch of dividend warrants will be done on or before 26th February, 2021.
Gravita India Limited is engaged in lead processing, aluminum processing, trading lead products and aluminum scrap, and dealing in turn-key lead recycling projects. The Company's segments include Lead processing, Aluminum processing, Turn-key solutions, and Plastic manufacturing. Its Lead processing segment includes smelting of lead battery scrap / lead concentrate to produce secondary lead metal, which is further transformed into pure lead, specific lead alloy, lead oxides, including lead sub-oxide, red lead and litharge, and lead products, such as lead sheets, lead powder, lead shot and others. Its Aluminum processing segment includes trading of taint tabor and tense aluminum scraps, and manufacturing of alloys from melting of aluminum scrap. Its Turn-key solution segment includes a complete supply of plant and machinery related to lead manufacturing plants. It globally operates in Ghana, Senegal, Mozambique, Tanzania, Sri Lanka, Nicaragua, and Singapore.