Grasim Industries Limited (GRASIM.BO)

2,844.05 +44.05 (+1.57%) 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: 25,929

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Pavan Kumar Jain ACS, B.Com., FCA	Chief Financial Officer	N/A	N/A	1964

Amounts are as of , 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, together with its subsidiaries, primarily operates in fibre, yarn, pulp, chemicals, textile, fertilizers, and insulators businesses in India and internationally. The company operates through Cellulosic Fibres, Chemicals, Building Materials, Financial Services, and Others segments. The Cellulosic Fibres segments offers cellulosic staple fibre; and cellulosic fashion yarn. The Chemicals segment provides chlor-alkali comprising caustic soda; chlorine derivatives, such as chloromethanes and phosphoric acid; and specialty chemicals, that include epoxy polymers and curing agents. The Building Materials segment offers grey cement, white cement-based putty, and ready-mix concrete; and decorative paints comprising interior and exterior water- based paints, enamel paints, wood finishes, waterproofing solutions, and wallpapers under the Birla Opus brand name. This segment also provides painting services under the PaintCraft brand name; and operates Birla Pivot, a business-to-business e-commerce platform for building and construction materials, as well as credit solutions. The Financial Services segment offers non-banking financial services, housing finance, asset management, and health and life insurance, protection, investments, advisory, and value-added services. The Others segment provides textile products, such as linen fabrics, wool tops and worsted yarn, and cotton fabrics under Linen Club, Cavallo, Soktas, and Giza House brands; manufactures and sells ceramic and composite insulators for transmission and distribution lines, sub-stations, power equipment, and railway electrification industries; and engages in the generation of electricity of 894 MW capacity through 42 project comprising solar panels, wind turbines, solar-wind hybrids, and floating solar systems. The company was incorporated in 1947 and is based in Mumbai, India.

Corporate governance

Grasim Industries Limited’s ISS governance QualityScore as of 1 July 2024 is 10. The pillar scores are Audit: 4; Board: 10; Shareholder rights: 7; 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.