Grasim (GRASIM) — Board Meeting

Grasim Industries' board approved the utilization of Rs. 3,999.80 crore raised through its January 2024 rights issue, confirming no deviations in fund deployment for debt repayment and general corporate purposes. The monitoring report verified that proceeds were fully allocated to repay term loans and commercial paper, with 967.26 crore deployed toward repaying commercial paper under general corporate purposes. The company maintains compliance with SEBI regulations and has no pending material deviations.

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About Grasim Industries Limited (GRASIM)

Construction Materials · Cement & Cement Products · Listed on NSE

Market Cap: ₹1,99,652.33 Cr P/E: 21.1 ROE: 4.6% ROCE: 4.9%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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