Grasim Industries has appointed Ms. Sangeeta Tanwani as CEO (Designate) of its Textiles Business, effective August 1, 2026, to ensure leadership continuity within the division. She will assume the full role of CEO on November 1, 2026, succeeding Mr. Kapil Agrawal, who will relinquish his position as Business Head, Textiles Business, effective October 31, 2026, to transition to a new role within the Aditya Birla Group.

The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee. The changes were disclosed in a filing submitted to BSE Limited and National Stock Exchange of India Limited on June 17, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Tanwani brings over three decades of experience across Retail, FMCG, Financial Services, and Pharmaceuticals. Since joining the Aditya Birla Group in 2018, she has led the transformation of Pantaloons and spearheaded the Group's entry into the deep value segment through the build-up of Style Up and its subsequent transformation into "OWND".

Management Transition Details

The following table outlines the key changes in senior management personnel:

Mr. Agrawal confirmed in his resignation letter dated June 15, 2026, that he will continue to discharge his duties until the close of business hours on October 31, 2026. The company stated that these changes are part of internal realignment within the group.

Grasim Industries has scheduled a series of meetings with analysts and institutional investors from June 18 to June 23, 2026. The company will engage with various firms to discuss its latest investor and corporate presentations, which are already available on its website. These interactions are intended to provide insights into the company's operations without sharing any unpublished price sensitive information.

The meetings will be conducted through both virtual and physical modes. The schedule includes sessions with prominent financial institutions such as Citadel Securities, Enam Investments, Schonfeld Strategic Advisors, and Franklin Templeton Investments. A buy-side meeting arranged by Morgan Stanley and a session with Wellington Management are also part of the agenda.

Schedule of Meetings

The following table outlines the dates, participants, and logistics for the upcoming interactions:

Regulatory Context

The intimation was made in reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the schedule is subject to change due to exigencies on the part of the investors or the company. Neelabja Chakrabarty, Company Secretary and Compliance Officer, signed the disclosure on June 17, 2026.