Grasim Industries Ltd.

Grasim Industries has received approval to raise amount not exceeding Rs 2,000 crore through issue of Non-Convertible Debentures (NCDs) on private placement basis, in one or more tranches. The Finance Committee of the Board of Directors of the Company at its meeting held on June 23, 2023, considered and approved 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.