Grasim Industries Limited — Others, 22-05-2025: Statement of utilization of issue proceeds

The company has disclosed the utilization of proceeds from its recent issue, detailing how the funds have been allocated across various business needs. This transparency highlights the management’s focus on deploying capital efficiently to support operational growth and strategic initiatives. Clear tracking of the issue proceeds reassures shareholders about the effective use of capital raised, which is crucial for sustaining expansion and enhancing shareholder value. No new borrowings or significant changes to capital structure were indicated.