About
Basic Data Updated:
1 month agoIt is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500300 and on the National Stock Exchange(NSE) under GRASIM.
The Corporate was formerly known as The Gwalior Rayon Silk Manufacturing Weaving Company Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 423.50 cr and a paid-up capital of Rs 132.80 cr.
The Corporate currently has active open charges totaling ₹1,594.92 cr. It has already closed loans amounting to ₹9,314.92 cr, as per the Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Grasim Industries Ltd India are Pavan Jain as Cfo and Sailesh Daga as Company Secretary. Kumar Birla, Cyril Shroff, Adesh Kumar, and Eleven other members serve as directors at the Company.
Industry
Company Details
- Location
Ujjain, Madhya Pradesh, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Grasim Industries Ltd
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Financials of Grasim Industries Ltd
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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
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Executive Team (3)
HA
Harikrishna AgarwalManaging Director
Appointment Date: 01-Dec-2021
Status: Current
PJ
Pavan Jain CFOAppointment Date: 15-Aug-2022
Status: Current
SD
Sailesh DagaCompany Secretary
Appointment 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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Active92 years 4 months
Anita Ramachandran is a mutual person
Aditya Birla Capital Limited
Active16 years 9 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 5 months .
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 5 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 5 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?