Grasim Industries has informed that the members of the Stakeholders’ Relationship Committee of the Board of Directors of the Company vide its circular resolution passed on 19th December 2024 has approved the allotment of 2,00,000 - 7.21% Fully Paid, Unsecured, Listed, Rated, Redeemable, Rupee Denominated, Non-Convertible Debentures of Face Value of ? 1,00,000 each (7.21% GIL 2034, Series I) aggregating to ? 2,000 crore, on private placement basis. These NCDs have been rated as ‘AAA (STABLE)’ by ICRA and CRISIL. The details required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 is given in Annexure 1.
The above information is a part of company’s filings submitted to BSE.
