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

Mr. Harikrishna Agarwal has requested early retirement as Managing Director of Grasim Industries, effective from the close of business hours on 31st March 2025. The Board accepted his request today and has appointed Mr. Himanshu Kapania as an Additional Director and new Managing Director from 1st April 2025, for a term of 3 years and 1 month. Additionally, Mr. Vadiraj Kulkarni will take on the role of Business Head for Cellulosic Fibres starting 1st April 2025. This leadership transition signals a strategic shift, possibly enhancing operational effectiveness and growth, which may foster a positive outlook among investors.