Grasim Industries Limited

Grasim Industries Limited announced that shareholders approved the appointment of M/s Deloitte Haskins & Sells Chartered Accountants LLP as Joint Statutory Auditors for a term of five consecutive years, from the conclusion of the 79th Annual General Meeting on August 21, 2026, until the conclusion of the 84th AGM in fiscal year 2030-31.

Grasim Industries Limited announced the incorporation of UHG Holdings IFSC Private Limited on August 20, 2026, in Gujarat International Finance Tec-City (GIFT City) with a Corporate Identification Number of U64910GJ2026PTC182701. The company, jointly incorporated by Grasim Industries Limited, UltraTech Cement Limited, and Hindalco Industries Limited, has become a related party of Grasim Industries Limited, with UltraTech Cement Limited holding 41% of the shares, Hindalco Industries Limited holding 50%, and Grasim Industries Limited holding 9%. UHG Holdings was incorporated to strengthen the business and operational network of the company and will operate under the International Financial Services Centres Authority Act, 2019.

Grasim Industries Limited announced that it has made a full repayment of Rs 500 crore to holders of its commercial papers with ISIN INE047A14BD8 on August 18, 2026, as per maturity, with 10,000 commercial papers redeemed and no outstanding amount remaining.

Grasim Industries Ltd share price declined by 1.43% to Rs 3310.0 after the company's net profit grew slightly 4.40% to Rs 3846.28 crore, while revenue from operations softened by 4.67% to Rs 48716.2 crore in Q2FY26 over Q1FY26. The market capitalization of Cement & Cement Products industry group stocks on BSE stood at Rs 9.67 lakh crore, declining 5.60%. It has slipped by 2.21% over last one week and crept higher by 1.64% in last one month while the market capitalization of Grasim Industries Ltd has inched up 3.50% and 12.70% in the same period respectively. Profit before tax (PBT) of Grasim Industries Ltd stood at Rs 5183.12 crore in Q2 FY26, surging by 35.08% year-on-year, and gaining 4.49% quarter-on-quarter. EBITDA came in at Rs 10846 crore, expanding by 27.90% YoY and easing 1.86% sequentially. Total expenses eased by 6.42% to Rs 39552.98 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 9297.52 crore, inching up 6.95% YoY, while employee benefits expense was at Rs 3025.9 crore, ticking higher by 0.39% YoY. For the TTM ended FY26, revenue from operations improved 18.15% to Rs 1.75 lakh crore, while net profit jumped 32.92% to Rs 10310.02 crore, compared to previous TTM. EBITDA surged by 2807436% to Rs 35115.8 crore, and PBT witnessed a strong rise of 33.79% to Rs 14482.48 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 17809.61 crore in FY26, as against Rs 17169.65 crore in FY25. Grasim Industries Ltd soared by 20.04% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.04% during the same period.

Grasim Industries Limited announced that it has made a full repayment of Rs 750 crore to holders of its commercial papers with ISIN INE047A14AX8 on August 6, 2026, as per maturity, leaving a nil outstanding amount.

Grasim Industries Limited will hold a board meeting on Wednesday, August 12, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited. The company’s trading window for securities will remain closed until August 14, 2026, as previously announced on June 23, 2026.

Grasim Industries announced that the Annual General Meeting(AGM) of the company will be held on 21 August 2026.

Grasim Industries has fixed 07 August 2026 as record date for payment of dividend for FY 2026.

Grasim Industries announced that Phase 1 of the CPVC Resin manufacturing plant at Vilayat, Gujarat with planned capacity of approximately 50,000 metric tonnes per annum has been inaugurated today.

The benchmark equity indices traded with moderate gains in early afternoon trade supported by decline in crude oil prices following easing geopolitical tensions between Israel and Iran. Investor sentiment was further aided by improved risk appetite across global markets. However, market participants will monitor inflation trajectory, movements in crude oil and gold prices and global cues for further direction. Nifty traded above 23,200 level. Auto shares advanced after declining in the past trading session. At 12:25 IST, the barometer index, the S&P BSE Sensex advanced 207.16 points or 0.28% to 73,731.42. The Nifty 50 index rose 82.75 points or 0.36% to 23,205.75. In the broader market, the BSE 150 MidCap Index rose 1.08% and the BSE 250 SmallCap Index added 0.97%. The market breadth was positive. On the BSE, 2,641 shares rose and1,302 shares fell. A total of 206 shares were unchanged. In the commodities market, Brent crude for August 2026 settlement fell 99 cents or 1.05% to $93.26 a barrel. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tumbled 4.96% to 16.18. The Nifty 30 June 2026 futures were trading at 23,238.70, at a premium of 32.95 points as compared with the spot at 23,205.75. The Nifty option chain for the 30 June 2026 expiry showed a maximum call OI of 84.8 lakh contracts at the 24,000 strike price. A maximum put OI of 51.6 lakh contracts was seen at the 23,000 strike price. Buzzing Index: The Nifty Auto index jumped 1.43% to 26,050.30. The index declined 1.85% in the past trading session. Tube Investments of India (up 3.53%), Bosch (up 3.2%), Bharat Forge (up 3.02%), Samvardhana Motherson International (up 2.86%), Sona BLW Precision Forgings (up 2.12%) were the top gainers. Among the other gainers were Uno Minda (up 1.7%), Eicher Motors (up 1.65%), Mahindra & Mahindra (up 1.53%), Ashok Leyland (up 1.31%) and Exide Industries (up 1.31%) advanced. Stocks in Spotlight: Grasim Industries advanced 1.57% after the company's board approved capex of Rs 3,094 crore for the expansion of Lyocell, third-generation Cellulosic Staple Fibre (CSF) capacity at Harihar, Karnataka. The company will expand Phase II Lyocell capacity of 110K TPA at Harihar, Karnataka. This expansion will consist of 2 lines of 55K TPA (150 Tons per day) each. Interarch Building Solutions rose 1.50% after the company secured a domestic order worth approximately Rs 58 crore for the design, engineering, manufacturing, supply and erection of a pre-engineered steel building system.Powered by Capital Market - Live