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Grasim Industries raises Rs 1000 crore through NCDs

06 Apr 2021

Grasim Industries has raised Rs 1000 crore through Fully-Paid Unsecured Redeemable Non-Convertible Debentures (NCDs) and allotted 10,000, 6.99% NCDs having face value of Rs 10 lakh each on private placement basis. These NCDs have been rated ‘AAA’ by CRISIL and 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.

Related Grasim Industries Ltd. Links:

Grasim Industries Share Price

1718.05 -37.50 (-2.14%) Oct 19, 18:01
1 Year Price Chart
Peers
Company Name CMP
Grasim Industries 1718.05
SRF 2309.15
DCM Shriram 1175.10
Birla Corporation 1413.45
Surya Roshni 676.05
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Sensex vs Grasim Industries
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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