Grasim Industries Ltd.

Grasim Industries has acquired 100% equity share capital of Soktas India (SIPL). Consequent to acquisition of the 100% share capital, SIPL has become wholly owned subsidiary of the company, with effect from March 29, 2019.

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.