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Grasim Industries incorporates wholly-owned subsidiary

05 Jan 2023 Evaluate

Grasim Industries has incorporated a wholly-owned subsidiary (WOS) in the name of ‘Grasim Business Services’ on January 4, 2023. WOS will carry on the business of business support services including staffing solutions.

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.

Peers
Company Name CMP
Grasim Industries 2865.00
DCM Shriram 956.65
3M India 30012.65
Hindustan Foods 571.75
Balmer Lawrie & Co 156.00
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