In a regulatory filing, the company said FCCBs will be unsecured and will have ultra-low cost interest of 5% per annum with a long maturity of 10 years.
Stock markets now seem to have digested the uncertainty related to global tariff wars on hopes of lesser disruption and trade agreements by major economies.
A promoter of Gravita India on Friday divested a 3.4 per cent stake in the company for Rs 498 crore through an open market transaction.
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