Gravita India Plans Rs 1,000 Crore QIP for Expansion and Recycling Projects

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- Gravita India plans to raise Rs 1,000 crore through a QIP.
- Funds will be used for capital expenditure and debt reduction.
- Company is establishing a rubber recycling plant in Mundra.
- Gravita aims for a capacity of over 5 lakh metric tonnes by FY27.
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