Grasim Industries Ltd.

Grasim Industries has planned to raise funds by availing term loans or by issuing debt securities. The board of the company in a meeting has approved the raising of funds. It has also authorised the Finance Committee of the Board of Directors 'to finalise mode, terms and conditions of raising of funds including availment of term loans (in INR or foreign currency) or issuance of Securities and decide on all matters and transaction relating to the same.

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.