Grasim Industries Ltd.

BSE: 500300 | NSE: GRASIM
Large Cap | Diversified
2808.50
12.35 (0.44%)
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Grasim Industries gets nod to raise funds up to Rs 1,000 crore

Date: 03-06-2025

Grasim Industries has received approval from Finance Committee of the Board of Directors for issuance of Fully Paid, Unsecured, Listed, Rated, Redeemable, Rupee denominated, Non-Convertible Debentures of Rs 1,00,000 per Debenture aggregating up to Rs 1,000 crore, in one or more tranches, on private placement basis. 

The Finance Committee of the Board of Directors of the Company at its meeting held on June 02, 2025 has approved the same. 

Grasim Industries is a flagship company of 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.