Grasim Industries Limited announced that its Board of Directors has approved the re-appointment of two Independent Directors for second terms during a meeting held on February 10, 2026. The board meeting, which commenced at 3:25 p.m. (IST) and concluded at 5:24 p.m. (IST), addressed key governance appointments based on the Nomination and Remuneration Committee's recommendations.

Board Appointments Overview

The board approved the re-appointment of Mr. V. Chandrasekaran (DIN: 03126243) and Mr. Adesh Kumar Gupta (DIN: 00020403) as Non-Executive Independent Directors for a second term of five consecutive years. Both appointments are subject to shareholder approval and will be effective from May 24, 2026 to May 23, 2031.

Director Profiles and Expertise

Mr. V. Chandrasekaran

Mr. V. Chandrasekaran is a qualified Chartered Accountant and retired Executive Director (Investment) of LIC of India. He brings more than three decades of experience in Life Insurance Finance, Housing Finance and Mutual Fund Investment, with adequate exposure to a gamut of investments. His expertise encompasses investment decision making processes, investment monitoring and accounting, and investment research and risk management.

He currently serves as an Independent Director on the boards of various companies including UltraTech Cement Limited, Aditya Birla Housing Finance Limited, CARE Ratings Limited, Tata Investment Corporation Limited, and Aseem Infrastructure Finance Limited.

Mr. Adesh Kumar Gupta

Mr. Adesh Kumar Gupta is a qualified Chartered Accountant and Company Secretary who has completed the Advanced Management Programme from Harvard University. He possesses more than four decades of vast experience in finance and general management, with sound knowledge and expertise in finance, strategy and corporate law across various industries.

Notably, he served as the Whole Time Director and CFO of Grasim Industries until June 30, 2015. His achievements include recognition as Best CFO by the Institute of Chartered Accountants of India, IMA, and Business Today. He was also an Ex-Member of the National Advisory Committee on Accounting Standards (NACAS) as representative of FICCI, a statutory organisation constituted by the Government of India for setting up Accounting Standards.

Currently, he serves as an Independent Director on the boards of Krsnaa Diagnostics Limited, Anand Rathi Home Finance Limited, Anand Rathi Financial Services Limited, and Anand Rathi Wealth Limited.

Regulatory Compliance

The appointments comply with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Both directors are not debarred from holding the office of Director by virtue of any SEBI order or order of any other authority, and neither is related to any Director on the Board or Key Managerial Personnel of the Company.

The company has communicated these appointments to BSE Limited (Scrip Code: 500300), National Stock Exchange of India Limited (Symbol: GRASIM), Luxembourg Stock Exchange, and relevant custodial services as per regulatory requirements.

Grasim Industries Limited has announced that its Board of Directors will meet on February 10, 2026, to consider and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will review financial performance for both the quarter and nine months ended December 31, 2025.

Board Meeting Details

The company communicated this development through a regulatory filing dated January 30, 2026, addressed to both BSE Limited and National Stock Exchange of India Limited. The announcement was made in compliance with Regulation 29(1), Regulation 50(1), and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Restrictions

In accordance with the company's Code of Conduct to Regulate, Monitor and Report trading by Designated Persons, Grasim Industries has implemented a trading window closure. This restriction affects all Directors, Designated Persons, Connected Persons, and their immediate relatives under the Code.

The trading window closure details are as follows:

• Closure Period: January 1, 2026 to February 12, 2026 (both days inclusive)
• Duration: Until 48 hours after the announcement of unaudited financial results
• Scope: All designated persons and their immediate relatives

This measure ensures compliance with insider trading regulations and maintains market integrity during the financial results announcement period.

Regulatory Compliance

The announcement demonstrates Grasim Industries' adherence to regulatory requirements and transparent communication with stakeholders. The company has notified multiple parties including Luxembourg Stock Exchange and Citibank N.A. for depository and custodial services, reflecting its international presence and compliance obligations.

The filing was signed by Neelabja Chakrabarty, Company Secretary and Compliance Officer, ensuring proper authorization and regulatory compliance for this corporate announcement.