VR Logo

GRP: Announcement under Regulation 30 (LODR)-Updates on Joint Venture


This is in further to our disclosure dated 27th June 2021 regarding disposal of holding of 50% of equityshares in Joint Venture company Marangoni GRP Private Limited (MGPL).Now the disposal/sale is completed on 20th July 2022 by1. Transfer of Equity shares of GRP Limited in Marangoni GRP Private Limited (MGPL)to Leader RubberCompany (SA)Proprietary Limited in the Board meeting of "MGPL" held on 20th July 2022.2. Representative Directors of GRP Limited Rajendra V. Gandhi and Harsh R. Gandhi have resigned fromthe Board of Directors of MGPL with effect from the close of business hours of 20th July 2022.

Click here to view PDF