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

Mr. Harikrishna Agarwal has requested early retirement as Managing Director of Grasim Industries, with his tenure concluding on 31st March 2025. The Board has accepted this request and will appoint Mr. Himanshu Kapania as an Additional Director and Managing Director effective 1st April 2025 for a term of 3 years and 1 month. Additionally, Mr. Vadiraj Kulkarni is set to take on the role of Business Head for Cellulosic Fibres on the same date. This leadership transition may lead to strategic shifts and is likely to be viewed positively by investors, considering Mr. Kapania's extensive experience and proven track record in leadership roles.