Grasim Industries Limited (GRASIM.BO)

2,274.35 +46.75 (+2.10%) At close: 03:29PM IST

Grasim Industries Limited

Aditya Birla Centre
‘A’ Wing, 2nd Floor S.K. Ahire Marg Worli
Mumbai 400030
India
91 22 6652 5000
https://www.grasim.com

Sector(s): Basic Materials
Industry: Building Materials
Full-time employees: 24,455

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hari Krishna Agarwal	MD & Director	92.36M	N/A	1959
Mr. Pavan Kumar Jain ACS, B.Com., FCA	Chief Financial Officer	N/A	N/A	1964
Mr. Sailesh Kumar Daga	Company Secretary & Compliance Officer	N/A	N/A	N/A
Ms. Hutokshi R. Wadia	President	N/A	N/A	1959
Mr. Hemant K. Kadel B.Com., FCA	Senior President of Corporate Finance Division	N/A	N/A	1969
Mr. R. Manjunath B.Com.	Executive Officer of Administration	N/A	N/A	1952
Mr. Ankit Panchmatia	Head of Investor Relations	N/A	N/A	N/A
Dr. Pragnya Ram	Group Executive President of Corporate Communications & CSR	N/A	N/A	1945
Mr. Rajeev Gopal	Global Chief Sales & Marketing Officer and Group Executive President of Pulp & Fibre Business	N/A	N/A	N/A
Mr. Gopi Krishna Tulsian B.Sc., FCA, MBIM (London)	Executive President of Chemical Business	8.31M	N/A	1937

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Grasim Industries Limited operates in fibre, yarn, pulp, chemicals, textile, fertilizers, and insulators businesses in India and internationally. The company operates through Viscose, Chemicals, Cement, Financial Services, and Others segments. It provides viscose staple fiber, a man-made biodegradable fiber for use in apparels, home textiles, dress materials, knit wear products, and non-woven applications; wood pulp products; viscose filament yarn, a natural fibre for manufacturing fabrics such as georgettes, crepes, chiffons, and others; and textile products, such as linen and wool. The company offers various chemical products, including chlor-alkali and epoxy resin products. In addition, it provides electrical insulators for transmission lines and substations, as well as equipment and railways. Further, the company offers grey cement; white cement; ready mix concrete; and cement-based putty. Additionally, it provides various financial services comprising non-bank financial, life insurance, asset management, housing finance, equity broking, wealth management, general insurance advisory, and health insurance services. The company involved in solar power designing, engineering procurement, and commissioning business. Grasim Industries Limited was incorporated in 1947 and is based in Mumbai, India.

Corporate governance

Grasim Industries Limited’s ISS governance QualityScore as of 1 April 2024 is 10. The pillar scores are Audit: 3; Board: 9; Shareholder rights: 8; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.