About
Basic Data Updated:
26 days agoAccording to its credit rating report, Grasim Industries Ltd is involved in the production of chemicals and textiles as a standalone company. However, at the consolidated level, it also encompasses other industries such as cement, financial services, telecommunications, and fashion retail. The company was founded in 1947 in India and initially focused on manufacturing textiles. Today, it has become a prominent global player in the VSF industry, holding approximately 9% of the global market share in terms of installed capacity. Additionally, it is the largest producer of cement (through UTCL) with a grey cement capacity of 96.5 million metric tonnes per annum, as well as the leading chlor-alkali producer in India.
Industry
Company Details
- Location
Ujjain, Madhya Pradesh, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Grasim Industries Ltd
Sodium Silicate
Monomer
Liquid Paraffin
Antioxidants
Financials of Grasim Industries Ltd
Grasim Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 28.07% increase. The company also saw a substantial fall in profitability, with a 30.4% decrease in profit. The company's net worth dipped by a decrease of 3.42%.
Corporate Structure
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People in Grasim Industries Ltd
Unlock and access historical data on people associated with Grasim Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
HA
Harikrishna Agarwal
Managing DirectorAppointment Date: 01-Dec-2021
Status: Current
PJ
Pavan Jain CFOAppointment Date: 15-Aug-2022
Status: Current
SD
Sailesh Daga Company SecretaryAppointment Date: 01-Apr-2021
Status: Current
Board Members(13)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 27 Mar 2018 | ₹294.92 Cr | Open |
State Bank Of India Creation Date: 17 Sep 1997 | ₹1,300.00 Cr | Open |
Others Creation Date: 30 Dec 2016 | ₹24.00 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
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Active
16 years 1 day Ananyashree Birla is a mutual person
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Active 92 years 2 months Anita Ramachandran is a mutual person
Aditya Birla Capital Limited
Active 16 years 7 months Kumar Birla and Sushil Agarwal are mutual person
Recent activity within the organization
Director Appointment
Sushil Agarwal was appointed as a Additional Director was appointed as a Additional Director on 27 Feb 2024 & has been associated with this company since 2 months 21 days .
27 Feb 2024Annual General Meeting
Grasim Industries Ltd last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.
25 Aug 2023Balance Sheet
Grasim Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
31 Mar 2023Director Appointment
Yazdi Piroj Dandiwala was appointed as a Director was appointed as a Director on 06 Feb 2023 & has been associated with this company since 1 year 3 months .
06 Feb 2023Director Appointment
Ananyashree Birla was appointed as a Director was appointed as a Director on 06 Feb 2023 & has been associated with this company since 1 year 3 months .
06 Feb 2023
Recent News, Updates & Announcement
Grasim Industries board approves Rs 4000 crore rights issue stock fails to hold opening gains.Moneycontrol 05 Jan 2024
- Grasim Industries Announces Rights Issue At Rs 1812 per Share Know Record Date And Other Details.
On Thursday Grasim Industries Ltd announced its plan to issue shares on a rights basis at Rs 1812 per share with January 10 set as the record date to identify eligible holders Following board approval on October 16 2023 the company aims to raise Rs 4000 crore through this rights issue.
Times Now 05 Jan 2024
- Grasim board inducts Ananya Birla Aryaman Vikram Birla as directors.
Business Standard 06 Feb 2023
- Voting on GrasimAditya Birla Nuvo merger to begin 6 March Mint.
With the proposed merger promoters are expected to hold 401 stake in the postmerger Grasim compared with 3128 now.
mint 01 Mar 2017
- Birlas in talks to sell fertiliser company to Indorama.
India Business News Indo Gulf is a division of Aditya Birla Nuvo a diversified conglomerate of the Aditya Birla Group which itself is in the middle of a mega merger with.
Times Of India 21 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Grasim Industries Ltd?
