Acquisition

Ref No. GIL/CFD/SEC/27/091/SE 21st August 2026 BSE Limited National Stock Exchange of India Limited Scrip Code: 500300 Symbol: GRASIM Dear Sirs / Madam, Sub: Incorporation of UHG Holdings IFSC Private Limited Ref: 1. Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) 2. SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 (‘SEBI Master Circular’) We wish to inform you that UHG Holdings IFSC Private Limited has been incorporated in International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) on 20th August, 2026 under Corporate Identification Number U64910GJ2026PTC182701 as an associate of the Company. Disclosure as required under the Listing Regulations and SEBI Master Circular is attached as per Annexure A. The above is for your information and record. Thanking you, Yours sincerely, For Grasim Industries Limited Neelabja Chakrabarty Company Secretary and Compliance Officer ACS- 16075 Luxembourg Stock Exchange Citi Bank N.A. Citi Bank 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 : Birlagram, Nagda – 456 331 (M.P.) Annexure A Disclosure of information pursuant to Listing Regulations and SEBI Master Circular: Sr. Particulars Details a) Name of the Target Entity, details Name: UHG Holdings IFSC Private Limited in brief such as size, turnover etc (“UHG Holdings”) Date of Incorporation: 20th August, 2026 Turnover: Not Applicable since it is a newly incorporated entity b) Whether the acquisition would fall The Company has been incorporated jointly by within related party transaction(s) Grasim Industries Limited, UltraTech Cement Limited and whether the promoter / (Subsidiary Company) and Hindalco Industries Limited promoter group / group (Promoter Group Company) companies have any interest in the entity being acquired? If Yes, Consequent to the incorporation, UHG Holdings has become nature of interest and details a related party of the Company thereof and whether the same is done at “arms length”. c) Industry to which the entity being UHG Holdings has been incorporated in the GIFT City, Gujarat, acquired belongs to be governed by the International Financial Services Centres Authority Act, 2019, International Financial Services Centres Authority (Finance Company) Regulations, 2021, and the Framework issued by the IFSCA, from time to time d) Objects and impact of acquisition UHG Holdings has been incorporated to strengthen the (including but not limited to business and operational network of the Company disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) e) Brief details of any governmental UHG Holdings will seek International Financial Services Centres or regulatory approvals required Authority (IFSCA) approval for the acquisition f) Indicative time period for Not Applicable completion of acquisition 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 : Birlagram, Nagda – 456 331 (M.P.) Sr. Particulars Details g) Consideration - whether cash Details of consideration, cost and percentage of consideration or share swap or shareholding are as below: any other form and details of the Subscriber No. of Face Consideration % same shares Value (in Rs.) shareholding h) Cost of acquisition and/or the (in price at which shares are Rs.) acquired UltraTech 41,000 10 4,10,000 41% i) Percentage of Cement shareholding/control acquired Limited and /or no of shares acquired Hindalco 50,000 10 5,00,000 50% Industries Limited Grasim 9,000 10 90,000 9% Industries Limited j) Brief background about the entity UHG Holdings has been incorporated with the object to acquired in terms of product /line purchase, lease / sub lease, charter, hire, own, operate, etc., of business acquired, date of aircrafts, ships, ocean vessels, and other modes of incorporation, history of last three transportation, as provided and in accordance with the years turnover, country in which applicable regulations in IFSC jurisdiction acquired entity has presence and any other significant information Date of incorporation: 20th August, 2026 (in brief) Turnover (last three years) (Rs. in crores): Not Applicable Country: India (GIFT City, Gujarat) 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 : Birlagram, Nagda – 456 331 (M.P.)