Grasim Industries Limited — Others, 10-02-2025: Appointment

Mr. Harikrishna Agarwal has requested early retirement as the Managing Director of Grasim Industries, a decision accepted by the Board. He will step down effective 31st March 2025, concluding a tenure that began in December 2021. The Board has concurrently appointed Mr. Himanshu Kapania as Managing Director for a term ending 30th April 2028, subject to shareholder approval. Additionally, Mr. Vadiraj Kulkarni will assume the role of Business Head for Cellulosic Fibres on the same date. This leadership transition could lead to strategic rejuvenation and operational enhancements, potentially fostering a positive outlook among investors.