Grasim Industries: Kumar Birla Group Buys 4.60% Stake

Birla Group Holdings Private Limited, acting on behalf of Mr. Kumar Mangalam Birla and other persons acting in concert, has acquired a 4.60% stake in Grasim Industries Limited. The transaction involved the purchase of 3,13,20,509 shares at a total value of ₹136,10,95,473.50. Following this acquisition, the total holding of the acquirer group in Grasim Industries has increased from 38.46% to 43.06%. The shares were acquired through open market purchases between February 7, 2024, and September 24, 2026.