Grasim Industries Receives ESG Score of 59 from Independent Rating Agency
Grasim Industries Limited disclosed that ESG Risk Assessments & Insights Limited assigned it an ESG Score of 59 rated as 'Adequate' on April 6, 2026. The company clarified that this was an independent, unsolicited rating and that it does not endorse the assessment. The disclosure was made in compliance with SEBI Regulation 30 and related master circular guidelines for ESG rating disclosures.

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Grasim Industries Limited has received an ESG (Environmental, Social, and Governance) score from an independent rating agency, as disclosed in a regulatory filing dated April 7, 2026. The company informed stock exchanges about this development in compliance with SEBI disclosure requirements.
ESG Rating Details
ESG Risk Assessments & Insights Limited, a SEBI-registered Category I ESG Rating Provider, assigned the company an ESG Score through an email communication dated April 6, 2026. The rating details are as follows:
| Parameter: | Details |
|---|---|
| ESG Score: | 59 |
| Rating Category: | Adequate |
| Rating Agency: | ESG Risk Assessments & Insights Limited |
| Assignment Date: | April 6, 2026 |
Company's Position on Rating
Grasim Industries has clarified its stance regarding this ESG rating assignment. The company emphasized that it did not engage the rating agency for any ESG rating services. The rating was assigned independently and voluntarily by the agency based on their own assessment methodology.
The company specifically stated that the rating agency assigned the score "as per their own understanding, criteria and methodology" and that Grasim Industries "does not endorse such rating." This clarification highlights the unsolicited nature of the ESG assessment.
Regulatory Compliance
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also referenced the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, which appears to provide guidelines for ESG rating disclosures.
The communication was signed by Neelabja Chakrabarty, Company Secretary and Compliance Officer, and has been uploaded on the company's website at www.grasim.com . The disclosure was also shared with international stakeholders including the Luxembourg Stock Exchange and Citi Bank N.A. for their depositary and custodial services.
Historical Stock Returns for Grasim Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.57% | +5.70% | +0.81% | -1.36% | +5.81% | +90.04% |
Will Grasim Industries take steps to improve its ESG score of 59 to attract more ESG-focused institutional investors?
How might this unsolicited 'Adequate' ESG rating impact Grasim's access to green financing and sustainability-linked loans?
Could other major Indian conglomerates face similar unsolicited ESG ratings, and how will this trend affect market transparency?

































