StockWatch
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Cement & Cement Products
AGM/EGM16 Jul 2026, 10:40 pm

Grasim Industries to hold 79th AGM on Aug 21, proposes 500% dividend

AI Summary

Grasim Industries Limited has announced its 79th Annual General Meeting (AGM) will be held on Friday, August 21, 2026, at 11:30 a.m. IST, conducted via Video Conference/Other Audio-Visual Means. The company will present the Audited Standalone and Consolidated Financial Statements for the fiscal year ended March 31, 2026. A significant proposal is the declaration of a dividend of ₹10 per equity share, representing 500% of the face value. Additionally, the AGM will address the re-appointment of Mr. Kumar Mangalam Birla and Mr. Sushil Agarwal, who are retiring by rotation. The appointment of Deloitte Haskins & Sells Chartered Accountants LLP as Joint Statutory Auditors for a five-year term, with a remuneration of ₹2.75 crore for the first year, will also be considered.

Key Highlights

  • 79th AGM scheduled for August 21, 2026, via VC/OAVM.
  • Proposed dividend of ₹10 per equity share (500%).
  • Re-appointment of directors Kumar Mangalam Birla and Sushil Agarwal.
  • Appointment of Deloitte Haskins & Sells as Joint Statutory Auditors.
  • Audited standalone and consolidated financial statements for FY26 to be adopted.