Grasim Industries Ltd — AGM Information 2018

Sep 14, 2018

14thSeptember, 2018

BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers Dalai Street, Fort Mumbai - 400 001 Scrip Code: 500300

The Manager-Listing Department The National Stock Exchange of India Limited Exchange Plaza, 5thfloor, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (East) Mumbai — 400 051 Symbol: GRASIM

Sub: Summary of Proceedings of the 71st Annual General Meeting of the Company held on September 14, 2018

Ref: Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sirs,

The 71St Annual General Meeting (AGM) of Grasim Industries Limited was held today, i.e. 14thSeptember 2018 at 11 a.m. at the Registered Office of the Company

The following items of businesses as set out in the Notice have been transacted at the AGM:-

No.(Ordinary/ Special)1.Adoption of the Audited Financial Statements (includingOrdinaryPassedthe Audited Consolidated FinancialStatements) of the Company for the financial yearended 31st March 2018, together with the Reports ofthe Board of Directors and Auditors thereon.2.Declaration of Dividend on Equity Shares for theOrdinaryPassedfinancial year ended 31st March 2018.3.Appointment of Director in place of Mr. Shailendra K.OrdinaryPassedJain (DIN: 00022454), who retires by rotation and, beingeligible, offers himself for re-appointment.4.Appointment of Director in place of Mrs. Rajashree BirlaOrdinaryPassed(DIN: 00022995), who retires by rotation and, beingeligible, offers herself for re-appointment.Ratification of appointment of B S R & Co. LLP,5.OrdinaryPassedChartered Accountants (Registration No. 101248W/W100022), as the Joint Statutory Auditors oftheCompany, and to fix their remuneration.Ratification of appointment of SR B C & Co., LLP,6.OrdinaryPassedChartered Accountants (Registration No. 324982E), asthe Joint Statutory Auditors of the Company and to fixtheir remuneration.7.Partial modification of Resolution No. 6 passed at theOrdinaryPassed69th Annual General Meeting held on 23rd September2016, for appointment and remuneration of B S R & Co.	Item	Business	Resolution required	Remarks
				withrequisite majority
				withrequisite majority
				withrequisite majority
				withrequisite majority
				withrequisite majority
				withrequisite majority
101248W/W-100022), as the Joint Statutory Auditors ofISTiri/e7the Company.<br>'9.------		CharteredAccountants(RegistrationNo.LLP,		withrequisite majority'tS'

Grasim Industries Limited

Aditya Birla Centre, 'N wing, rd Floor, S.K. Ahire Marg, Worli, Mumbai 400 030, India T: +91 22 6652 5000 / 2499 5000 I F: +91 22 6652 5114 / 2499 5114 E: grasimcfd@adityabirla.comI W: www.grasim.comI CIN: L17124MP1947PLC000410

Regd. Office : Birtagram, Nagda — 456 331 (M.P.)

Item	Business	Resolution required	Remarks
No.		(Ordinary/ Special)
8.	Partial modification of Resolution No. 5 passed at the70th Annual General Meeting held on 22nd September2017, for appointment and remuneration of SR B C &Chartered Accountants (Registration No.Co., LLP,324982E), as the Joint Statutory Auditors of theCompany.	Ordinary	withPassedrequisite majority
9.	Appointment of Ms. Usha Sangwan (DIN: 02609263) as	Ordinary	withPassed
	Non-Executive Director of the Company.		requisite majority
10.	Appointment of Mr. Himanshu Kapania (DIN: 03387441)as Non-Executive Director of the Company.	Ordinary	withPassedrequisite majority
11.	ofAppointmentMs.AnitaRamachandran(DIN:00118188) as an Independent Director of the Company	Ordinary	withPassedrequisite majority
12.	Approval for continuation of Directorship of Mr. M. L.Apte (DIN: 00003656)	Special	withPassedrequisite majority
13.	Approval for continuation of Directorship of Mr. B. V.Bhargava (DIN: 00001823)	Special	withPassedrequisite majority
14.	Approval for continuation of Directorship of Mr. 0. P.Rungta (DIN: 00020559)	Special	withPassedrequisite majority
15.	Approval for continuation of Directorship of Mr.Shailendra K. Jain (DIN: 00022454)	Special	withPassedrequisite majority
16.	Ratification of the remuneration of the Cost Auditor M/sD.C. Dave & Co., Cost Accountants (Registration No.000611) and M/s. M. R. Dudani & Co., Cost Accountants,(Registration No. FRN- 100017 for the financial yearending 31st March 2019.	Ordinary	withPassedrequisite majority
17.	Approve and Adopt Grasim Industries Limited EmployeeStock Option Scheme 2018.	Special	withPassedrequisite majority
18.	Approve the Extension of Benefits of the GrasimIndustries Limited Employee Stock Option Scheme 2018to the permanent employees in the management cadre,including Managing and Whole-time Directors, of theSubsidiary Companies of the Company.	Special	withPassedrequisite majority
19.	ofthethetrustroutefortheApproveuseimplementation of the Grasim Industries LimitedEmployee Stock Option Scheme 2018 and secondaryacquisition of the equity shares of the Company by thetrust to be set up.	Special	withPassedrequisite majority

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 I F: +91 22 6652 5114 / 2499 5114 E: grasimcfd@adityabirla.com I W: www.grasim.comI ON: L17124MP1947PLC000410

Regd. Office : Birtagram, Nagda — 456 331 (M.P.)

The meeting has been concluded at I a• ©5p

The results of voting are being intimated to you separately.

The above is for your information and record.

Thanking you

Yours faithfully For Grasim Industries Limited

Hutokshi Wadia President & Company Secretary

CC: Luxembourg Stock Exchange Market & Surveillance Dept., P.O. Box 165, L-2011 Luxembourg, Grand Duchy of Luxembourg, Europe

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 I F: +91 22 6652 5114 / 2499 5114 E: grasimcfd@adityabirla.com I W: www.grasim.comI CIN: L17124MP1947PLC000410

Regd. Office : Birlagram, Nagda — 456 331 (M.P.)