Monitoring Agency Report for the quarter ended 31st March 2026
GRASIM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Grasim Industries has filed its Q4 FY26 monitoring report for the ₹3,999.80 crore Rights Issue (January 2024). CARE Ratings confirms zero deviation in fund utilization. The ₹3,000 crore allocated for loan repayment was fully deployed by February 25, 2025, ahead of the March 2027 deadline. Of the ₹977.65 crore General Corporate Purpose allocation, ₹971.11 crore has been utilized with ₹0.42 crore remaining unutilized. A small amount of ₹4.61 crore is still pending collection from investors. The Axis Bank monitoring account holds ₹0.32 crore. Promoter holding increased from 42.75% (pre-issue) to 43.74% as of March 31, 2026. The fund deployment is verified by peer-reviewed auditor Nerkar & Co.
Positive for shareholders - the Rights Issue funds have been deployed as promised with no deviations. Loan repayment was completed ahead of schedule and GCP utilization is on track.