Grasim Industries has completed the full repayment of ₹750 crore in commercial papers (CPs) on July 28, 2026. The repayment was executed to meet the maturity obligation of the instrument, ensuring timely settlement for holders and clearing the specific liability from the company’s short-term debt portfolio. This action reduces the firm’s outstanding commercial paper exposure for this series to nil.

The transaction involved the redemption of 15,000 units of the commercial paper, which carried the ISIN code INE047A14AW0. The company confirmed that the repayment was made in full on the due date, adhering to the timeline specified in its earlier corporate announcement dated June 1, 2026, which had notified investors of the record date for redemption.

Transaction Details

The following table outlines the specifics of the repayment as disclosed in the filing:

Regulatory Compliance

The repayment process was conducted in accordance with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137, dated October 15, 2025, as amended from time to time. This circular governs the issuance and redemption of non-convertible securities, including commercial papers, by listed entities in India.

Neelabja Chakrabarty, Company Secretary and Compliance Officer (ACS-16075), signed the disclosure on behalf of Grasim Industries Limited. The notice was issued from the company’s registered office in Nagda, Madhya Pradesh, and its corporate office in Mumbai.

Market Implications

The timely redemption of these commercial papers reflects the company’s adherence to its debt servicing schedule. With the outstanding amount for ISIN INE047A14AW0 now at nil, this specific tranche of short-term funding has been fully closed. Investors holding these instruments have received their principal amounts as per the maturity terms.

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

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.