Announced Wed, 17 Jun · 16:42 IST
Grasim Textiles head Kapil Agrawal to step down; Tanwani named CEO Designate
GRASIM · price
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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹3154.10
prior close
₹3158.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.4-0.4-1.0+0.1+0.8-0.9-0.7-0.8-1.6+2.0-0.6——
Up moveDown movePending
AI summary
Kapil Agrawal, Business Head - Textiles at Grasim, steps down on October 31, 2026, moving to another Aditya Birla Group role. Sangeeta Tanwani is named CEO (Designate) - Textiles Business from August 1, 2026, becoming CEO from November 1, 2026. She has 30+ years of experience across Retail, FMCG, Financial Services and Pharma, joined the Group in 2018, led the Pantaloons transformation, and launched brand OWND.
Likely market impact
Smooth internal succession at Grasim Textiles; senior exit is for another group role, not a loss to the company.