Gravita India Limited (GRAVITA) — Announcement | 19 June 2026

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📢 Key Event
Credit rating upgrade for Rashtriya Metal Industries subsidiary

🔄 What Changed
Rating upgraded to AA/Stable (long-term) and IVR A1+ (short-term); outlook changed to stable and removed from watch

💡 Investor Takeaway
The upgrade signals improved creditworthiness for the subsidiary, potentially lowering financing costs and boosting investor confidence in Gravita's overall financial health.

Gravita India announced that its subsidiary Rashtriya Metal Industries received an upgraded credit rating from Infomerics, moving to AA/Stable for long-term facilities and IVR A1+ for short-term, with the outlook changed to stable and removed from watch.

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About Gravita India Limited (GRAVITA)

Metals & Mining · Minerals & Mining · Listed on NSE

Market Cap: ₹12,459.6 Cr P/E: 40.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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