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22-Feb2019

GRP invests Rs 3.05 crore in Grip Polymers

GRP has invested Rs 3.05 crore in Grip Polymers (Wholly Owned Subsidiary of GRP) and has been allotted 30,50,000 Equity Shares of Rs10 each at par on Rights basis, on  February 20, 2019. Post the aforesaid allotment of shares, the company holds 31,00,000 Equity Shares of Grip Polymers.

GRP produces reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, moulded rubber products for different applications in both, tyre and non tyre rubber products.


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