Acquisition

Ref No. GIL/CFD/SEC/27/050/SE 23rd June 2026 BSE Limited National Stock Exchange of India Limited Scrip Code: 500300 Symbol: GRASIM Dear Sir/Madam, Sub: Acquisition of additional stake through participation in Preferential Issue of equity shares of Aditya Birla Capital Limited Ref: 1. Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) 2. SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 (“SEBI Master Circular”) This is in continuation to the corporate annoucement made by the Company on 20th May 2026, wherein the Company had informed regarding investment of an amount not exceeding Rs. 2,880 crore (Rupees Two Thousand Eight Hundred and Eighty Crore only), in the preferential issue of equity shares to be made by Aditya Birla Capital Limited (“ABCL”), material listed subsidiary of the Company. With regard to the above, this is to inform that ABCL has allotted today, i.e. on 23rd June 2026, 8,08,94,331 Equity Shares to the Company, at a price of Rs. 356.02 (Rupees Three Hundred Fifty-Six and Paise Two only) per Equity Share of face value of Rs 10 each, that is at a premium of Rs. 346.02 (Rupees Three Hundred Forty-Six and Paise Two only) per Equity Share, for an aggregate consideration of Rs. 28,79,99,99,722.62 (Rupees Two Thousand Eight Hundred and Seventy Nine Crore, Ninety Nine Lakh, Ninety Nine Thousand, Seven Hundred Twenty Two and Paise Sixty Two only). Post this allotment, the Company’s shareholding in ABCL stands as under: Pre-issue shareholding Post-isssue shareholding (as on 15th May 2026, without dilution) (as on date on a fully diluted basis) Number of shares % Number of shares % 1,36,98,09,351 52.27 1,45,07,03,682 52.30% Grasim Industries Limited Aditya Birla Centre, ‘A’ Wing, 2nd Floor, S.K. Ahire Marg, Worli, Mumbai 400 030, India T: +91 22 6652 5000 / 2499 5000 | F: +91 22 6652 5114 / 2499 5114 E: grasim.secretarial@adityabirla.com | W: www.grasim.com | CIN: L17124MP1947PLC000410 Regd. Office : P.O. Birlagram, Nagda – 456 331 (M.P.) The details required under Regulation 30 and sub-para 1 of Para A of Part A of Schedule III of the Listing Regulations read with SEBI Master Circular is given in Annexure A. Thanking you, Yours sincerely, For Grasim Industries Limited Neelabja Chakrabarty Company Secretary and Compliance Officer ACS - 16075 Encl: As above Luxembourg Stock Exchange Citibank N.A. Citibank N.A. 35A Boulevard Joseph II Depositary Receipt Services Custodial Services FIFC, L-1840 Luxembourg 388 Greenwich Street, 11th Floor, C-54 & 55, G 26th Floor, New York, Block, Bandra (East), NY 10013 Mumbai 400051 Grasim Industries Limited Aditya Birla Centre, ‘A’ Wing, 2nd Floor, S.K. Ahire Marg, Worli, Mumbai 400 030, India T: +91 22 6652 5000 / 2499 5000 | F: +91 22 6652 5114 / 2499 5114 E: grasim.secretarial@adityabirla.com | W: www.grasim.com | CIN: L17124MP1947PLC000410 Regd. Office : P.O. Birlagram, Nagda – 456 331 (M.P.) Annexure A Disclosure of information pursuant to Listing Regulations and SEBI Master Circular: Sr. No. Particulars Description a. Name of the target entity, Aditya Birla Capital Limited (“ABCL”) is details in brief such as size, engaged in the business of financial services turnover etc.; including lending, asset management, life insurance, health insurance, housing finance, private equity, insurance broking, equity and commodity broking, pension fund management and asset reconstruction business. The Consolidated Financial performance of ABCL as on 31st March 2026, is as below: (Rs. in crore) Particulars Amount Revenue from Operations* 45,508.98 Profit After Tax (PAT)* 3,764.49 Net Worth* 34,423.11 *Basis the Audited Financial Result of ABCL for the year ended 31st March 2026 b. Whether the acquisition would The Company is the holding Company and fall within related party Promoter of ABCL. transaction(s) and whether the promoter/ promoter group/ ABCL, being a listed company, the issuance group companies have any of shares (including the determination of the interest in the entity being price of the shares pursuant to preferential acquired? If yes, nature of issue) is strictly in compliance with the interest and details thereof and provisions of Chapter V of the SEBI (ICDR) whether the same is done at Regulations, 2018. “arm’s length”; The issue of shares on preferential basis (subject to the compliance of the requirements under SEBI ICDR Regulations, 2018) is an exempted Related Party transaction under SEBI (LODR) Regulations, 2015. c. Industry to which the entity Non-Banking Financial Company being acquired belongs; Grasim Industries Limited Aditya Birla Centre, ‘A’ Wing, 2nd Floor, S.K. Ahire Marg, Worli, Mumbai 400 030, India T: +91 22 6652 5000 / 2499 5000 | F: +91 22 6652 5114 / 2499 5114 E: grasim.secretarial@adityabirla.com | W: www.grasim.com | CIN: L17124MP1947PLC000410 Regd. Office : P.O. Birlagram, Nagda – 456 331 (M.P.) d. Objects and impact of For meeting the growth objectives of ABCL, acquisition (including but not including augmentation of the capital base limited to, disclosure of reasons of ABCL, repayment of loan(s), funding for acquisition of target entity, if requirements for the lending business of its business is outside the main ABCL and other general corporate purposes, line of business of the listed including for investment in subsidiaries/ joint entity); ventures/associates of ABCL (existing and future), as applicable, in such a manner and in such proportion as may be decided by the board of directors of ABCL and/ or any other general purposes as may be permissible under applicable laws. e. Brief details of any ABCL has obtained the requisite regulatory governmental or regulatory approvals for the Preferential Issue of Shares. approvals required for the acquisition; The Company is not required to obtain any governmental or regulatory approval for the purpose of the acquisition of the additional stake in ABCL. f. Indicative time period for Within next 5 working days completion of the acquisition; g. Consideration - whether cash Cash Consideration consideration or share swap or any other form and details of the same; h. Cost of acquisition and/or the Preferential Issue price of Rs. 356.02 (Rupees price at which the shares are Three Hundred Fifty-Six and Paise Two only) acquired; per Equity Share including a premium of Rs. 346.02 (Rupees Three Hundred Forty-Six and Paise Two only) per Equity Share, for an aggregate consideration of Rs. 28,79,99,99,722.62. i. Percentage of shareholding / 8,08,94,331 equity shares acquired and control acquired and / or percentage of holding will increase from number of shares acquired; 52.27% (as on 15th May 2026, without dilution) to 52.30% (as on date, on a fully diluted basis). Grasim Industries Limited Aditya Birla Centre, ‘A’ Wing, 2nd Floor, S.K. Ahire Marg, Worli, Mumbai 400 030, India T: +91 22 6652 5000 / 2499 5000 | F: +91 22 6652 5114 / 2499 5114 E: grasim.secretarial@adityabirla.com | W: www.grasim.com | CIN: L17124MP1947PLC000410 Regd. Office : P.O. Birlagram, Nagda – 456 331 (M.P.) j. Brief background about the The brief details are as under: entity acquired in terms of products/line of business CIN: L64920GJ2007PLC058890 acquired, date of incorporation, history of last 3 years turnover, Date of Incorporation: 15th October 2007 country in which the acquired entity has presence and any Registered Office: Indian Rayon Compound, other significant information (in Veraval - 362266, Gujarat, India. brief); Line of business: Non-Banking Financial Company Last 3 years Consolidated Turnover: FY Amount (Rs. in crore) 2026 45,508.98 2025 40,589.98 2024 33,940.84 Grasim Industries Limited Aditya Birla Centre, ‘A’ Wing, 2nd Floor, S.K. Ahire Marg, Worli, Mumbai 400 030, India T: +91 22 6652 5000 / 2499 5000 | F: +91 22 6652 5114 / 2499 5114 E: grasim.secretarial@adityabirla.com | W: www.grasim.com | CIN: L17124MP1947PLC0004 [Showing first 8,000 characters — download PDF for full document]