Change in Key Managerial Personnel

Management Changes View source PDF Explain this filing

GRASIM · price

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Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹2741.90

prior close

₹2694.20

announcement price

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)-1.0%-0.8% vs market

Cement & Cement Products peers, median of 34sector-0.9%-0.9% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty 100 and 0.9 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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UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Grasim Industries' Board of Directors, at its meeting on 8th August 2025, approved the appointment of Mr. Neelabja Chakrabarty as the new Company Secretary and Compliance Officer of the company, with the role taking effect from 1st October 2025. Mr. Chakrabarty will also serve as Key Managerial Personnel (KMP) of the company. He brings over 24 years of experience in governance, legal, and compliance, currently serving as Senior VP and Company Secretary at Nykaa (FSN E-Commerce Ventures), and previously held senior roles at Tata Consumer Products, CRISIL, Indian Hotels Company, and Phoenix Mills. He is a qualified Company Secretary, Cost & Management Accountant, and holds an LLM degree. Mr. Chakrabarty is not related to any existing directors or promoters of Grasim.

Likely market impact

This is a routine KMP-level appointment with no change in leadership (CFO remains Pavan Kumar Jain). No material impact on shareholders or stock price is expected; it simply fills an important compliance and governance role with an experienced external hire.