Birla promoter group buys 2.01 percent stake in Grasim via open market
GRASIM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts less than Nifty 100 and 0.4 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Birla promoter group (Kumar Mangalam Birla and persons acting in concert) acquired 1.36 crore shares (2.01%) of Grasim Industries through open market purchases between Feb 2024 and Sept 2026. Total promoter group holding rose from 43.06% to 45.07%. Major buyers were Pilani Investment and Industries Corporation (1.90%) and Kumar Mangalam Birla (0.09%).
Promoter confidence shown via open market buying. Holding rises to 45.07% but stays below the 50% majority threshold.