Grasim: CFO of Cellulosic Fibres business to retire, internal move announced

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

+0.8%Reaction day

₹2725.70

prior close

₹2730.50

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.5%+0.3% vs market

Cement & Cement Products peers, median of 34sector-0.1%+0.9% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty 100 and 0.9 pts more than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.8+0.5+0.3-0.1+0.9

Next day

+0.3-0.5+0.9-1.3+1.7

+0.9-0.8+1.7-1.2+2.1

+0.8-1.1+1.9-2.0+2.8

+2.6-0.6+3.2-0.1+2.7

+3.8+0.0+3.8+0.9+2.9

+2.2-0.6+2.8+0.3+1.9

15d

+4.4-0.3+4.7+1.0+3.4

+4.4+1.1+3.2+3.4+0.9

+5.3-1.2+6.5-1.2+6.6

-0.3-4.3+4.0-9.8+9.5

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 announced that Mr. Anil Rustogi will superannuate as CFO of the Cellulosic Fibres Business effective April 3, 2026. Mr. Ashok Machher, currently CFO of Textiles Business, will take over as CFO of Cellulosic Fibres effective April 4, 2026. Machher is a Chartered Accountant with 27 years at the Aditya Birla Group and has served as CFO of the Textiles Business since 2019. The change is a planned internal succession.

Likely market impact

Planned internal succession with no disruption expected. Smooth continuity in finance leadership across both businesses.