Grasim Industries share news, announcements and annual reports
NSE: GRASIMBSE: 500300Cement & Cement ProductsLarge Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹2,900.00.
29 Oct: open ₹2,883.10, high ₹2,943.20, low ₹2,883.10
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,99,601 Cr44th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 35.06
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.93
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.34%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 5.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 4.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 1.32
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 2,41,502
Grasim Industries share news and announcements
1,319 announcements, routine notices left out, newest first. Page 26 of 27.
Oct 2008
23 Oct · Results
Grasim Industries Ltd. has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 445245 lacs for quarter ending on 30-SEP-2008 against Rs. 397258 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 48643 lacs for the quarter ending on 30-SEP-2008 against Rs. 70548 lacs for the quarter ending on 30-SEP-2007.15 Oct · Outcome of meeting
Grasim Industries Ltd. has informed the Exchange that "At the Court convened Meetings of the Equity Shareholders, Secured Creditors (Including Debenture Holders) and Unsecured Creditors, held on 13th October, 2008, the Equity Shareholders, Secured Creditors (including Debenture holders) and Unsecured Creditors have unanimously approved the Scheme of Arrangement under Section 391 to 394 of the Companies Act, 1956 between Grasim Industries Limited and Vikram Sponge Iron Limited and their repective Shareholders and Creditors".8 Oct · Board meeting
Inter alia to consider and approve unaudited financial results (provisional) for the quarter / half year ended September 30, 2008.
Sep 2008
24 Sep · Notice of Meeting
Grasim Industries Ltd. has informed the Exchange that by an order made on September 01, 2008, the High Court of Madhya Pradesh - Indore bench has directed that a meeting of the secured creditors (including debenture holders) of the Applicant Company (Grasim Industries Ltd.) be held on October 13, 2008 or so soon thereafter after the conclusion of the meeting of the equity shareholders of the Applicant Company, for the purpose of considering, and if thought fit, approving with or without modification, the Scheme of Arrangement between the Applicant Company, Vikram Sponge Iron Limited and their respective shareholders and creditors (the "Scheme"). Further the company has submitted to the Exchange a copy of the Notice of Meeting of secured creditors. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.24 Sep · Notice of Meeting
Grasim Industries Ltd. has informed the Exchange that by an order made on September 01, 2008, the High Court of Madhya Pradesh - Indore bench has directed that a meeting of the unsecured creditors of the Applicant Company (Grasim Industries Ltd.) be held on October 13, 2008 or so soon thereafter after the conclusion of the meeting of the secured creditors (including debenture holders) of the Applicant Company, for the purpose of considering, and if thought fit, approving with or without modification, the Scheme of Arrangement between the Applicant Company, Vikram Sponge Iron Limited and their respective shareholders and creditors (the "Scheme"). Further the company has submitted to the Exchange the a copy of the Notice of Meeting of unsecured creditors. a copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Sep · Meeting
Grasim Industries Ltd. has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on August 02, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2008
25 Jul · Business
Grasim Industries Ltd. has informed the Exchange regarding a press release dated July 25, 2008, titled "Grasim, The Aditya Birla Group's Flagship Company, Performance for Q1FY 2009; Consolidated Net Profit Rs. 672 Crs; Consolidated Net Revenue Rs. 4430 Crs". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.25 Jul · Results
Grasim Industries Ltd. has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 442954 lacs for quarter ending on 30-JUN-2008 against Rs. 406285 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 67189 lacs for the quarter ending on 30-JUN-2008 against Rs. 66967 lacs for the quarter ending on 30-JUN-2007.25 Jul · Results
Grasim Industries Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 259233 lacs for quarter ending on 30-JUN-2008 against Rs. 244479 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 51419 lacs for the quarter ending on 30-JUN-2008 against Rs. 51166 lacs for the quarter ending on 30-JUN-2007.10 Jul · Board meeting
Meeting on 25 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”7 Jul · Updates
Grasim Industries Ltd. had informed the Exchange that the Board of Directors of the Company had approved the transfer/ sale of its Sponge Iron Manufacturing Unit "Vikram Ispat", situated at Village: Salav, District: Raigad, Maharashtra ("Business Undertaking"), to a subsidiary to be formed, by way of "Slump Sale" pursuant to a Scheme of Arrangement to be sanctioned by the Court under Sections 391-394 of the Companies Act, 1956. The Company has now informed the Exchange that the Company has incorporated a new subsidiary "Vikram Sponge Iron Limited" for the said transfer of the Business Undertaking by way of "Slump Sale".3 Jul · Meeting
Grasim Industries Ltd. has informed the Exchange that the Annual General Meeting will be held on August 02, 2008.
Jun 2008
10 Jun · Business
Grasim Industries Ltd. has informed the Exchange that "At the meeting of the Board of Directors of the Company ("Board") held on June 10, 2008, the Board has approved the transfer/ sale of its sponge iron manufacturing unit called "Vikram Ispat", situated at Village Salav, District Raigad, Maharashtra ("Business Undertaking") to a subsidiary of the Company to be formed ("Subsidiary"), by way of "slump sale" pursuant to a Court sanctioned scheme of arrangement under Sections 391-394 of the Companies Act, 1956 for a consideration of Rs.1,030 Crores to be paid in cash by the Subsidiary to the Company. The necessary funds for payment of the cash consideration by the Subsidiary to the Company (Grasim) will be infused in the Subsidiary by Welspun Power and Steel Limited, having its registered office at Village Versamedi, District Kutch, Gujarat ("Welspun") by a combination of equity and debt. Consequent to infusion of funds in the Subsidiary by Welspun and payment of consideration by the Subsidiary to the Company (Grasim), the Business Undertaking of Vikram Ispat will get transferred to Welspun. The transaction is expected to be completed within the next six months". In this regard Company has submitted a copy of the press release dated June 10, 2008, titled "Grasim to Hive off its Sponge Iron Business". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
May 2008
21 May · Corporate action
Grasim Industries Ltd. has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from July 24, 2008 to August 02, 2008 (both days inclusive) for the purpose of payment of dividend @ Rs.30/- per Equity Share for the year ended March 31, 2008 as recommended by the Board of Directors of the Company at its Meeting held on April 29, 2008.
Apr 2008
29 Apr · Updates
Grasim Industries Ltd. has informed the Exchange that the Board of Directors of the Company, at its meeting held on April 29, 2008, has approved the Audited Annual Accounts of the Company for the year ended March 31, 2008. The copy of the Financial results (Statement of Appropriations- as per Clause 20 of the Listing Agreement) shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Apr · Results
Grasim Industries Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 274235 lacs for quarter ending on 31-MAR-2008 against Rs. 249375 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 66737 lacs for the quarter ending on 31-MAR-2008 against Rs. 47449 lacs for the quarter ending on 31-MAR-2007.29 Apr · Results
Grasim Industries Ltd. has informed the Exchange regarding the consolidated Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 471466 lacs for quarter ending on 31-MAR-2008 against Rs. 410705 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 88077 lacs for the quarter ending on 31-MAR-2008 against Rs. 55853 lacs for the quarter ending on 31-MAR-2007.29 Apr · Results
Grasim Industries Ltd. has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 1027809 lacs for year ending on 31-MAR-2008 against Rs. 867569 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 223260 lacs for the year ending on 31-MAR-2008 against Rs. 153581 lacs for the year ending on 31-MAR-2007.29 Apr · Dividend
Grasim Industries Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on April 29, 2008 have recommended payment of dividend on Equity Shares for the year ended March 31, 2008 @ Rs. 30 (Rupees Thirty only) per share (Last Year Rs. 27.50 per share).29 Apr · Results
Grasim Industries Ltd. has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 1703696 lacs for year ending on 31-MAR-2008 against Rs. 1416725 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 289144 lacs for the year ending on 31-MAR-2008 against Rs. 196750 lacs for the year ending on 31-MAR-2007.29 Apr · Business
Grasim Industries Ltd. has informed the Exchange regarding a press release dated April 29, 2008, titled "Grasim, The Aditya Birla Group's Flagship Company, Performance for Q4FY 2008". The copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Apr · Increase in stake
Grasim Industries Ltd. has informed the Exchange that the Company has increased its stake in AV Cell Inc., a Joint Venture Company in Canada, from 25% to 45%, at a total consideration of around CAD 6 Mn. (Rs. 24 crores approx.) Thus, Aditya Birla Group's total stake in AV Cell has increased from 75% to 95%.11 Apr · Board meeting
Agenda of the meeting amongst other items will include the following:- i) to consider and approve the audited accounts of the Company for the year ended March 31, 2008; and ii) to recommend payment of dividend on Equity shares for the year ended March 31, 2008.2 Apr · Updates
Grasim Industries Ltd. has informed the Exchange that "The Company has commenced its new 1.30 million TPA Grinding Unit at Dadri (U.P.)."
Mar 2008
31 Mar · Disclosure
Grasim Industries Ltd. has informed the Exchange that "The ESOS Compensation Committee of the Board of Directors of the Company has cancelled 24,920 Stock Options granted earlier to some of the eligible employees of the Company in terms of ESOS 2006."28 Mar · Expansion
Grasim Industries Ltd. has informed the Exchange that "Further to commission of Line Four at its Birla Cellulosic Viscose Staple Fibre (VSF) Plant at Kharach (Gujarat), the Unit has now commissioned Line Three at the same location having annual VSF Capacity of 31,940 MT per annum. With the above expansion of capacity, the total VSF capacity at Company's Birla Cellulosic Unit at Kharach, is 1,27,750 MT per annum. The Company's total VSF capacity post above expansion is 3,33,975 MT per annum".26 Mar · Updates
Grasim Industries Ltd. has informed the Exchange that : "The Company has commissioned its following plants :- a) 3.3 million TPA capacity Clinkerisation Plant at its Aditya Cement Unit II at Sambhupura (Rajasthan); b) A new 1.3 million TPA Grinding Unit at Panipat (Haryana); and c) 23 MW Captive Thermal Power Plant at its Vikram Cement Unit at Jawad (M.P.)".25 Mar · Divestment
Grasim Industries Ltd. had informed the Exchange that the Board of the Company at its meeting held on December 4, 2007 had approved the sale of its entire holding of 75,816,681 equity shares representing 53.63% of the capital of Shree Digvijay Cement Company Limited (SDCCL) to CIMPOR Inversiones S.A., Calle Brasil, 56-36024 Vigo, Spain. The Company has now informed the Exchange that with the completion of aforesaid sale on March 25, 2008, SDCCL has ceased to be a subsidiary of the Company24 Mar · Allotment of Equity Shares
Grasim Industries Ltd. has informed the Exchange that: "Pursuant to the Scheme of Arrangement for Demerger of Cement Business of Aditya Birla Nuvo Ltd. (formerly Indian Rayon And Industries Ltd.) (ABNL) with the Company, 3 (three) Shares of the Company were allotted against every 10 (ten) Shares of ABNL held by the Shareholders of ABNL as on July 30, 1999, being the Record Date fixed by ABNL for the said purpose. 2) Out of the Shares allotted pursuant to the aforesaid Scheme of Arrangement, 15,275 shares were kept in abeyance in Share Capital Suspense Account as the title of the eligible Shareholders of ABNL was not clear. ABNL has now advised the Company that out of the said 15,275 shares, 18 Shares of the Company are required to be allotted to 1 (one) shareholder of ABNL as their title has now been cleared by the Hon'ble Special Court. 3) Accordingly, please note that out of the aforesaid 15,275 Shares kept in abeyance in Share Capital Suspense Account, 18 fully paid up equity shares of Rs.10/- each have been allotted by the Company on March 19, 2008. The said Shares shall rank pari passu with the existing equity shares of the Company".
Jan 2008
28 Jan · Grant of Stock Options
Grasim Industries Ltd. has informed the Exchange vide its letter dated January 25, 2008, that: "The ESOS Compensation Committee of the Board of Directors of the Company has today approved grant of 20,390 Stock Options to the eligible permanent employees of the Company, under the "Employee Stock Option Scheme - 2006" (ESOS-2006), each option being convertible into One Equity Share of the Company upon vesting, at a price of Rs.2,885/- per share. Subject to the Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 and the terms of the ESOS-2006, the options will vest in 4 equal annual installments after one year of the grant and shall be exercisable within a period of 5 years from the date of vesting".22 Jan · Management
Grasim Industries Ltd. has informed the Exchange that at the meeting of the Board of Directors of the Company held today i.e. January 22, 2008, the Board has accepted the resignation of Shri S.B. Mathur, as a Director of the Company.22 Jan · Business
Grasim Industries Ltd. has informed the Exchange regarding a press release dated January 22, 2008, titled "Grasim, The Aditya Birla Group's Flagship Company Performance for Q3FY 2008". The detail of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.22 Jan · Results
Grasim Industries Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 262993 lacs for quarter ending on 31-DEC-2007 against Rs. 227939 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 55379 lacs for the quarter ending on 31-DEC-2007 against Rs. 41158 lacs for the quarter ending on 31-DEC-2006.22 Jan · Results
Grasim Industries Ltd. has informed the Exchange regarding the consolidated Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 435834 lacs for quarter ending on 31-DEC-2007 against Rs. 368817 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 72186 lacs for the quarter ending on 31-DEC-2007 against Rs. 55539 lacs for the quarter ending on 31-DEC-2006.11 Jan · Board meeting
Inter alia to consider and approve unaudited financial results (provisional) for the quarter ended December 31, 2007.
Dec 2007
5 Dec · Business
Grasim Industries Ltd. has informed the Exchange regarding a press release dated December 04, 2007, titled "Grasim to Divest Equity in Digvijay Cement to Cimpor". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 Dec · Miscellaneous
Grasim Industries Ltd. has submitted to the Exchange a copy of the Performance Update for the half year ended September 30, 2007.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2007
27 Oct · Business
Grasim Industries Ltd. has informed the Exchange regarding a press release dated October 27, 2007, titled "Grasim, The Aditya Birla Group's Flagship Company Performance for Q2FY 2008". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.27 Oct · Results
Grasim Industries Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 496582 lacs for half year ending on 30-SEP-2007 against Rs. 390255 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 101144 lacs for the half year ending on 30-SEP-2007 against Rs. 64974 lacs for the half year ending on 30-SEP-2006.27 Oct · Results
Grasim Industries Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 251923 lacs for quarter ending on 30-SEP-2007 against Rs. 201082 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 49978 lacs for the quarter ending on 30-SEP-2007 against Rs. 33784 lacs for the quarter ending on 30-SEP-2006.27 Oct · Results
Grasim Industries Ltd. has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 397258 lacs for quarter ending on 30-SEP-2007 against Rs. 318381 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 62001 lacs for the quarter ending on 30-SEP-2007 against Rs. 41833 lacs for the quarter ending on 30-SEP-2006.19 Oct · Results
Grasim Industries Ltd. has submitted to the Exchange a copy of the result of Postal Ballot. The Ordinary Resolution as mentioned in the Postal Ballot Notice has been approved by the Shareholders by the requisite majority. A copy of the results of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Oct · Board meeting
Meeting on 27 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”
Sep 2007
13 Sep · Miscellaneous
Grasim Industries Ltd. has submitted to the Exchange a copy of the Abstract dated September 06, 2007, u/s 302 of the Companies Act, 1956, in respect of revision in the terms of remuneration of Shri Shailendra K. Jain, Whole Time Director of the Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.13 Sep · Meeting
Grasim Industries Ltd. has informed the Exchange that pursuant to Section 293(1)(a) and Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the approval of the members is being sought by way of an Ordinary Resolution to be passed by Postal Ballot for the following: Ordinary Resolution under Section 293(1) (a) of the Companies Act, 1956, authorizing the Board of Directors (including any Committee thereof) for sale, transfer and/or disposal of Company's Textile Units namely, Bhiwani Textile Mills and Elegant Spinners, situated at Biwani, Haryana. The Board of Directors has appointed Mr. Anil Jain, Chartered Accountant, Nagda, (M.P.) as Scrutinizer for conducting the postal ballot process in accordance with the law. The duly completed postal ballot form should reach the Scrutinizer on or before October 17, 2007. The result of the postal ballot will be announced by a Director of the Company or a person authorized by any of the Directors of the Company on October 19, 2007. A copy of the Notice of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.11 Sep · Incorporation of subsidiary
Grasim Industries Ltd. has informed the Exchange that: "The Company has incorporated a new subsidiary "Grasim Bhiwani Textiles Limited". Grasim proposes to sell / transfer, subject to requisite approvals, its textile units viz. Bhiwani Textile Mills and Elegant Spinners at Bhiwani, Haryana, on a going concern to the said new subsidiary".
Aug 2007
23 Aug · Employee Stock Option Scheme
Grasim Industries Ltd. has informed the Exchange on August 23, 2007 that: "The ESOS Compensation Committee of the Board of Directors of the company has at its meeting held today approved grant of 2,22,670 Stock Options to the Employees of the Company, including the Whole Time Directors, under the "Employee Stock Option Scheme-2006"(ESOS-2006), each option being convertible into One Equity Share of the Company upon vesting, at a price of Rs. 1,928/- per share. Subject to the Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guideline, 1999 and the terms of the ESOS-2006, the option will vest in 4 equal annual installments after one year of the grant and shall be exercisable within a period of 5 years from the date of vesting".8 Aug · Meeting
Grasim Industries Ltd. has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on July 07, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2007
28 Jul · Sale of unit
Grasim Industries Ltd. has informed the Exchange that the Board of Directors at its meeting held on July 28, 2007 has, subject to the approval of shareholders and other requisite approvals, decided to sell / transfer the Company's textile units, namely, Bhiwani Textile Mills and Elegant Spinners at Bhiwani (Haryana), as a going concern, to a subsidiary of the Company.28 Jul · Business
Grasim Industries Ltd. has informed the Exchange regarding a press release dated July 28, 2007, titled "Grasim, The Aditya Birla Group's Flagship Company - Performance for Q1 FY 2008". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.