Grasim Industries Limited (GRASIM) — Announcement

📢 Key Event
Grasim acquires additional stake in ABCL via preferential issue

💡 Investor Takeaway
The acquisition slightly increases Grasim's ownership in ABCL with no material change to its stake.

Grasim Industries announced it acquired an additional 8,08,94,331 shares of Aditya Birla Capital Limited through a preferential issue at Rs 356.02 per share, increasing its stake to 52.30% on a fully diluted basis for a total consideration of Rs 28,79,99,99,722.62. The transaction, completed on 23 June 2026, involved a cash premium of Rs 346.02 per share and was executed under SEBI Listing Regulations without requiring external regulatory approvals. The filing confirms the acquisition closed within five working days of the announcement and reflects a minor increase in ownership from 52.27% to 52.30% on a fully diluted basis.

📄 View Original Announcement (PDF)

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