Birla Group raises stake in Grasim Ind to 45.07% in open market purchase
This story was originally published at 13:10 IST on 29 September 2026
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MUMBAI – Birla Group Holdings Pvt. Ltd., through five promoters, has acquired 13.38 million shares of Grasim Industries Ltd. in an open market purchase. With this acquisition, Birla Group Holdings' stake in Grasim Industries has risen by 2% to 45.07% from 43.06% earlier, according to an exchange filing.
For the June quarter, Grasim Industries had reported a net profit of INR 2.47 billion on revenue of INR 117.95 billion. At 1244 IST, its shares traded nearly 1% lower at INR 3,125.90 apiece on the National Stock Exchange. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Deesha Jadhav
Edited by Himanshi Gupta
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