Grasim Industries has announced a key leadership appointment for its paints division, naming Sachin Sahay as the Chief Executive Officer of Birla Opus Paints. This strategic appointment brings experienced industry leadership to the company's paints business segment.

Leadership Transition at Birla Opus Paints

Sachin Sahay joins Birla Opus Paints from ITC, where he served as Executive Vice President. His extensive experience in the consumer goods sector is expected to contribute significantly to the strategic direction and operational excellence of the paints division.

Strategic Implications

The appointment reflects Grasim Industries' commitment to strengthening its paints business with experienced leadership. Sahay's background in consumer goods and his executive experience at ITC position him well to lead Birla Opus Paints in the competitive paints market.

About the Appointment

This leadership change represents part of Grasim Industries' ongoing efforts to build robust management teams across its various business divisions. The appointment of an experienced executive like Sahay demonstrates the company's focus on bringing industry expertise to drive growth in the paints segment.

Grasim Industries Limited has filed its quarterly certificate with BSE and NSE, confirming the dematerialisation and rematerialisation activities during the quarter ended December 31, 2025. The submission was made in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Quarterly Dematerialisation Activity

During the third quarter of FY26, spanning from October 1, 2025, to December 31, 2025, the company processed dematerialisation requests across two major depositories. The quarterly activity breakdown shows significant investor preference for holding shares in electronic form.

Current Dematerialisation Status

As of December 31, 2025, Grasim Industries reported that 67,73,73,428 shares are held in dematerialised form, representing 99.53% of the company's total equity shares. This high percentage reflects the widespread adoption of electronic shareholding among investors, with only a minimal portion remaining in physical certificate form.

Regulatory Compliance

The certificate confirms that all securities received for dematerialisation during the quarter were properly processed and approved by the depositories. The company has verified that these securities are listed on the same stock exchanges where the original securities were traded. Following standard procedure, the physical security certificates received for dematerialisation have been mutilated and cancelled after due verification, with the depository name substituted as the registered owner in company records.

Corporate Communication

The certificate was signed by Neelabja Chakrabarty, Company Secretary and Compliance Officer (ACS – 16075), and submitted to both BSE (Scrip Code: 500300) and NSE (Symbol: GRASIM) on January 14, 2026. The document was also shared with other stakeholders including Luxembourg Stock Exchange, Citi Bank N.A. for depository and custodial services, and both NSDL and CDSL depositories.