Grasim Industries Limited has informed the Exchange regarding Change in Auditors of the company.

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

-0.4%Reaction day

₹2789.80

prior close

₹2784.30

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.3%-0.1% vs market

Cement & Cement Products peers, median of 36sector+0.4%-0.8% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty 100 and 0.8 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

+0.2

15m

+0.3

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.3-0.1+0.4-0.8

Next day

+1.0+0.6+0.4+1.9-0.9

-0.3+0.5-0.9+2.6-2.9

-0.0+1.1-1.1+3.8-3.9

+1.1+1.1-0.0+2.8-1.7

+0.6+1.1-0.5+2.1-1.5

+0.2+1.6-1.5+1.5-1.3

15d

+3.4+3.8-0.4+2.2+1.2

-1.3+0.9-2.2-3.6+2.3

+6.0+6.4-0.4-5.2+11.2

-2.3+6.5-8.8-11.7+9.4

UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 36Pending

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

AI summary

Grasim Industries has appointed M/s. Makarand M. Joshi & Co., a peer-reviewed firm of practicing Company Secretaries (FRN: P2009MH007000), as its Secretarial Auditor. The appointment was approved by shareholders at the 78th Annual General Meeting held on August 26, 2025. The firm will serve for a term of 5 consecutive years, covering FY 2025-26 to FY 2029-30. Makarand M. Joshi & Co. has over 25 years of experience in corporate laws, SEBI regulations, FEMA, secretarial audits, and due diligence.

Likely market impact

This is a routine governance appointment for a fixed five-year term with no immediate material impact on shareholders or stock price. It reflects standard compliance with SEBI listing regulations regarding secretarial audit requirements.