Grasim Industries Limited has completed the full repayment of ₹500 crore in Commercial Papers on their maturity date. The company redeemed the instruments on September 17, 2026, clearing the obligation without any outstanding balance.

The repayment pertains to the series identified by ISIN INE047A14BA4. The company issued a corporate announcement on July 1, 2026, specifying the record date for the redemption process. This action aligns with the maturity schedule previously disclosed to investors and regulatory bodies.

Repayment Details

The company redeemed a total of 10,000 units of the Commercial Papers. The transaction was executed on the exact due date, ensuring timely settlement for all holders. No partial repayments were involved in this specific tranche.

This repayment was communicated to the BSE Limited under script code 500300. The company also notified relevant custodial and depository services, including Citi Bank N.A., to facilitate the settlement process for international holders.

Regulatory Compliance

The redemption was conducted in accordance with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137, dated October 15, 2025. Neelabja Chakrabarty, Company Secretary and Compliance Officer, signed off on the disclosure, confirming adherence to regulatory timelines.

Grasim Industries confirmed that customs officials conducted a search at its fiber unit in Nagda, stating the event has no major effect on operations or finances.

Search at Nagda fiber unit

The search was carried out by customs officials at Grasim Industries' fiber unit located in Nagda. The company stated that it fully cooperated with the authorities during the course of the search.

Impact on operations and finances

Grasim Industries confirmed that the customs search had no major effect on its operations or financial position. The company's cooperation with officials was highlighted as part of its response to the development.