Grasim Industries repaid commercial papers worth ₹750 crore on June 19, 2026, settling the debt on the scheduled maturity date. The company informed the exchanges that the repayment was made in full to the holders of the instruments identified by ISIN INE047A14AV2. This transaction clears the liability associated with this specific issuance, resulting in a nil outstanding balance for the security.

The repayment covered two tranches of commercial papers issued under the same ISIN. The first tranche involved 10,000 papers amounting to ₹500 crore, while the second tranche consisted of 5,000 papers worth ₹250 crore. Both tranches reached maturity on June 19, 2026, and the company confirmed that the actual date of repayment matched the due date.

Details of repayment

*On account of further issuance and listing of CP under the same ISIN

The disclosure referenced the SEBI Master Circular dated October 15, 2025, and a prior corporate announcement regarding the record date for redemption. Neelabja Chakrabarty, Company Secretary and Compliance Officer, signed the filing confirming the completion of the repayment process.

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.