Grasim promoter Birla Group Holdings increases stake by 4.08%

As of March 31, 2024, promoter and promoter group owns 43.06 percent stake in the company while public owns 56.63 percent.

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26 Aug, 2025 12:21

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Birla Group Holdings Private Limited (BGHPL), one of the key promoters of Grasim Industries, has increased its stake from 19.10 percent to 23.18 percent in the company, according to a regulatory filing late on May 28.

The increase in stake follows the amalgamation of Umang Commercial Company Private Limited and other entities with BGHPL, as sanctioned by the National Company Law Tribunal (NCLT), Grasim said in the filing.

In a formal communication dated May 28, BGHPL informed Grasim Industries that its shareholding has risen from 12,99,73,507 equity shares to 15,77,82,973 equity shares.

Despite this increase in BGHPL's shareholding, Grasim clarified that there is no change in the overall shareholding of the promoter and promoter Group of the company.

As of March 31, 2024, promoter and promoter group owns 43.06 percent stake in the company while public owns 56.63 percent.

Last week, Aditya Birla Group-owned Grasim Industries reported a consolidated net profit (attributable to owners) of Rs 1,369.8 crore for the March quarter, flat from Rs 1,368.9 crore reported in the year-ago period.