Submission of disclosure pursuant to Chapter XIV - Centralized Database for corporate bonds/debentures, Annexure XIV - B of SEBI Master Circular dated May 22, 2024 as amended
GRASIM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Grasim Industries filed its annual disclosure listing 8 non-convertible debentures (NCDs) as required by SEBI's Centralized Database rules for FY 2024-25. The outstanding NCDs have issue sizes ranging from ₹500 crore to ₹2,000 crore, with one new NCD of ₹2,000 crore listed on BSE in December 2024. All NCDs carry the highest credit rating of AAA with a Stable outlook from both ICRA and CRISIL. During the year, the company made all interest payments on schedule and fully redeemed three NCDs worth a combined ₹2,250 crore, including an early ₹1,000 crore redemption by exercising a call option on a debenture originally maturing in 2026. The filing also confirms there is no history of default or delay in servicing any debt instrument.
The disclosure confirms Grasim's strong financial standing — highest credit rating, on-time debt servicing, and early redemption of ₹1,000 crore point to healthy liquidity. This is a routine compliance filing and is neutral to positive for equity shareholders.