Grasim Industries Limited has informed the Exchange regarding the confirmation of payment of interest
GRASIM · price
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Grasim Industries has confirmed full payment of annual interest on its 6.99% unsecured, listed, rated, redeemable NCDs (ISIN: INE047A08182, issue size ₹1,000 crore). The interest amount due on 5 April 2026 was ₹69.90 crore, of which ₹68.85 crore was paid on 6 April 2026 (net of TDS of ₹1.05 crore). The one-day delay was because the original due date, 5 April 2026, fell on a Sunday (a non-business day). The record date for the payment was 20 March 2026, and the previous interest payment was made on 7 April 2025.
This is a routine, on-schedule debt servicing announcement with no default or delay, confirming Grasim's continued financial discipline on its NCD obligations. No material impact expected on the stock price; reassures debenture holders of timely interest payments.