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Grasim Industries raises Rs 750 crore via NCDs

04 Jun 2019

Grasim Industries has raised Rs 750 crore through allotment of 7,500, 7.60% Fully-Paid Unsecured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (Series-1920/II 7.60% GIL2024), on private placement basis. These NCDs have been rated ‘AAA (STABLE)’ by CRISAL and ‘AAA (STABLE)’ by ICRA.

Grasim Industries is the flagship company of the Aditya Birla Group. The company’s businesses comprise viscose staple fibre, cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90% of its revenues and operating profits.

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Grasim Industries Share Price

1492.35 1.70 (0.11%) Jun 14, 18:01
1 Year Price Chart
Company Name CMP
Grasim Industries 1492.35
DCM Shriram 751.25
SRF 6982.95
Birla Corporation 1231.35
Prism Johnson 128.40
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323