Grasim Industries fixes record date for ₹10 dividend

1 min read     Updated on 21 Jul 2026, 07:54 PM
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Shriram SScanX News Team
AI Summary

Grasim Industries has announced Friday, August 7, 2026, as the record date for a final dividend of ₹10 per equity share, subject to shareholder approval at the 79th AGM. The AGM is scheduled for Friday, August 21, 2026, at 11:30 a.m. IST via Video Conferencing. The Register of Members will remain closed from August 8 to August 21, 2026.

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Grasim Industries has fixed Friday, August 7, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹10 per equity share for the financial year ended March 31, 2026. The dividend, subject to shareholder approval at the Annual General Meeting (AGM), is proposed at 500% of the face value of ₹2 per share. Partly paid-up shares will be eligible for dividend in proportion to their paid-up value. The Register of Members will remain closed from Saturday, August 8, 2026, to Friday, August 21, 2026, for the purpose of dividend payment.

The 79th AGM is scheduled for Friday, August 21, 2026, at 11:30 a.m. (IST) via Video Conferencing and Other Audio-Visual Means (VC/OAVM). The meeting will be conducted in compliance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The dividend, if approved, will be paid within seven business days of the AGM to members whose names appear as beneficial owners on the record date or as members holding shares in physical form as per the register maintained by KFin Technologies Limited, the Registrar and Transfer Agent.

Key Corporate Event Details

Event Details Information
Record Date Friday, August 7, 2026
Book Closure Start Saturday, August 8, 2026
Book Closure End Friday, August 21, 2026
AGM Date Friday, August 21, 2026
AGM Time 11:30 a.m. (IST)
AGM Mode Video Conferencing / OAVM
Dividend Payment Timeline Within 7 business days from AGM
E-voting Start Monday, August 17, 2026 (9:00 a.m. IST)
E-voting End Thursday, August 20, 2026 (5:00 p.m. IST)
Tax Form Submission Deadline Friday, July 31, 2026

The company has advised members to update their bank details with their Depository Participants or the Registrar to ensure electronic credit of dividends. Shareholders must submit tax exemption forms by Friday, July 31, 2026, to einward.ris@kfintech.com . In accordance with the Income-tax Act, 2021, dividend income is taxable in the hands of shareholders, and the company will deduct tax at source (TDS) at applicable rates. The Notice of AGM and the Integrated Annual Report for FY26 are available on the company's website and the websites of BSE Limited and National Stock Exchange of India Limited.

Historical Stock Returns for Grasim Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.12%+3.44%+0.22%+12.43%+15.12%+110.28%

How will this 500% dividend payout impact Grasim Industries' capital allocation plans for upcoming expansion projects?

What guidance does management expect to provide regarding the financial outlook for FY27 during the upcoming AGM?

Could this significant dividend declaration signal a shift in the company's free cash flow generation capabilities in the future?

Grasim Industries files Business Responsibility and Sustainability Report for FY 2025-26

1 min read     Updated on 19 Jul 2026, 09:04 PM
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Grasim Industries filed its Business Responsibility and Sustainability Report for FY 2025-26, disclosing ESG performance on a consolidated basis. The report highlights 100% coverage for PF and Gratuity for permanent staff and full compliance with environmental approvals. Neelabja Chakrabarty submitted the filing to the exchanges on July 16, 2026.

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Grasim Industries has submitted its Business Responsibility and Sustainability Report for the financial year 2025-26 to the stock exchanges. The filing details the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC) and outlines its environmental, social, and governance (ESG) performance. The disclosures are made on a consolidated basis, covering the entity and its subsidiaries.

The report confirms that the company's policies cover each principle and core element of the NGRBCs and have been approved by the Board. Neelabja Chakrabarty, Company Secretary and Compliance Officer, submitted the filing to BSE Limited and the National Stock Exchange of India Limited on July 16, 2026.

Operational and Employee Disclosures

The report provides data on the company's operational footprint and workforce. Grasim Industries operates across multiple segments, including Cellulosic Fibres, Chemicals, Building Materials, Textiles, and Insulators. The document outlines the gender distribution and permanent status of its employees and workers, though specific numerical figures for headcount were not detailed in the provided text.

Employee welfare measures include coverage under Provident Fund and Gratuity schemes for 100% of permanent employees and workers. The company also offers benefits such as superannuation, the National Pension System (NPS), and leave encashment.

Environmental and Governance Compliance

Grasim Industries reported compliance with environmental approval conditions for its operations. The document indicates that 100% of the company's plants and offices were assessed for occupational health and safety, primary labour conditions, and workplace harassment by the entity, statutory authorities, or third parties.

Regarding governance, the company stated that it has processes for workers to report work-related hazards and remove themselves from such risks. Employees and workers have access to non-occupational medical and healthcare services. The report also details the company's approach to mitigating digital and physical security risks to enhance organisational resilience.

Stakeholder Engagement and CSR

The company engages with various stakeholder groups, including local communities, through channels such as community meetings, notice boards, and websites. The frequency of this engagement varies, with some interactions occurring annually and others on a half-yearly or quarterly basis.

The Business Responsibility and Sustainability Report is available on the company's website. The filing was made in compliance with Regulation 34(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Grasim Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.12%+3.44%+0.22%+12.43%+15.12%+110.28%

How will Grasim Industries' ESG performance compare to industry peers in the upcoming financial year?

What specific targets has Grasim set to reduce its environmental footprint across its diverse operational segments?

How might the company's governance practices evolve to address emerging digital security risks?

More News on Grasim Industries

1 Year Returns:+15.12%