Grasim Industries has inaugurated Phase 1 of its Chlorinated Polyvinyl Chloride (CPVC) Resin Plant in Vilayat, Gujarat, in collaboration with Lubrizol Advanced Materials India Private Limited. The newly commissioned facility has a planned capacity of approximately 50,000 metric tonnes per annum, marking a significant step in the company's specialty chemicals manufacturing capabilities.

Facility Overview

The plant is situated in Vilayat, Gujarat, and represents the first phase of a larger project aimed at establishing a world-class manufacturing base. The following table outlines the key details of the facility:

Strategic Significance

The inauguration of Phase 1 underscores Grasim Industries' focus on expanding its footprint in the high-value specialty chemicals segment. CPVC resin is a critical material used in plumbing, industrial piping, and fire suppression systems, aligning with the growing demands of India's infrastructure and construction sectors. The collaboration with Lubrizol leverages global technical expertise to support this expansion.

The company has stated that it will announce the commencement of commercial production at the plant in due course. This development follows previous agreements executed in 2020 and 2023 regarding the production of CPVC resin and the construction of the facility.

Grasim Industries has scheduled a one-on-one meeting with Wellington Investment Management on June 15, 2026, in Mumbai. The physical interaction is part of the company's ongoing engagement with analysts and institutional investors. The meeting will focus on discussions regarding the latest Investor Presentation and Corporate Presentation, which are already available on the company's website.

The disclosure was made in reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Neelabja Chakrabarty, Company Secretary and Compliance Officer, confirmed that no unpublished price sensitive information would be shared during the meeting. The schedule is subject to change due to exigencies on the part of the investors or the company.

The meeting details are outlined below:

Grasim Industries has ensured that all relevant presentations are accessible to investors prior to the meeting. The company's corporate presentations are hosted on its official website, www.grasim.com , for stakeholder reference.