Grasim Industries Limited has informed the Exchange regarding 'Commencement of commercial production of Resin manufacturing block at Mahad, Maharashtra'.
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 1.4 pts more than Nifty 100 and 0.2 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Grasim Industries has started commercial production at its new Resin manufacturing block at the Mahad plant in Maharashtra, effective June 24, 2025. The block has an installed capacity of 22 million litres per annum. This is part of the company's Birla Opus Paints facility at Mahad, which had commenced paint production earlier in March 2025. The resin block will supply resin in-house for paint manufacturing, supporting backward integration in the paints business.
Positive for shareholders — the in-house resin production should lower input costs, improve supply reliability, and support margin expansion in Grasim's growing paints business under the Birla Opus brand.