Grasim Industries Ltd — Board/Management Information 2021

May 24, 2021

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Ref No: GIL/CFD/SEC/22/40/SE

24[th] May 2021

BSE Limited Dalal Street, Phiroze Jeejeebhoy Towers, Mumbai 400 001 Scrip Code: 500300

The National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai 400 051 Symbol: GRASIM

Dear Sirs,

Sub: Appointment of Independent Directors of the Company

Pursuant to the provisions of Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and based on the recommendation of Nomination and Remuneration Committee, the Board of Directors of Grasim Industries Limited (“the Company”) at its meeting held today i.e. 24[th] May 2021, inter-alia , approved the appointment of Mr. Adesh Kumar Gupta and Mr. V. Chandrasekaran as Additional Directors (Non-Executive and Independent Directors) of the Company, subject to the approval of the members at the ensuing Annual General Meeting of the Company.

We also confirm that Mr. Adesh Kumar Gupta and Mr. V. Chandrasekaran are not debarred from holding the office of director pursuant to any SEBI order or any such authority.

The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9[th] September 2015 are given in Annexure A.

Thanking you,

Yours sincerely,

For Grasim Industries Limited

Digitally signed by Sailesh Sailesh Kumar Daga Kumar Daga Date: 2021.05.24 15:13:19 +05'30'

Sailesh Daga Company Secretary

Cc: Luxembourg Stock Exchange Citibank N.A. Citibank N.A. Market & Surveillance Dept., Depositary Receipt Service Custodial Services P.O. Box 165, L-2011 388 Greenwich Street, 6[th] FIFC, 11[th] Floor, C-54 & 55, Luxembourg, Grand Duchy of Floor, New York, NY 10013 G Block Bandra Kurla Complex Luxembourg, Europe Bandra (East), Mumbai 400098

Grasim Industries Limited

Aditya Birla Centre, ‘A’ wing, 2[nd ] 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

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1. Mr. Adesh Kumar Gupta (DIN: 00020403), Independent Director

Sr.No	Details of Events that needsto beprovided	Information of such event(s)
1	Reason for change	Appointment
2	Date of appointment & termof appointment	Appointed as Additional Director (Non-Executive andIndependent) of the Company, for a term of 5 yearswith effect from 24thMay 2021, subject to approval bythe members of the Company at the ensuing AnnualGeneral Meetingof the Company.
3	Brief Profile	Mr. Adesh Kumar Gupta is a qualified CharteredAccountant and a Company Secretary. Mr. Gupta isalso an Insolvency Professional registered underInsolvency and Bankruptcy Code. He has vastexperience in the field on finance and generalmanagement. He serves as an Independent Director onthe Board of various companies like Zee EntertainmentEnterprises Limited, Vinati Organics Limited, CARERatings Limited etc. He was the former Whole TimeDirector & CFO of the Company till 30thJune 2015. Hewas recognized as Best CFO by the Institute ofChartered Accountants, IMA, Business Today. He is ExMember NACAS as representative of FICCI. NACAS wasa statutory organization constituted by Govt of Indiafor settingupAccountingStandards.
4	Disclosure of relationshipsbetween the Directors	Mr. Adesh Kumar Gupta is not related to any of theDirectors on the Board.

Grasim Industries Limited

Aditya Birla Centre, ‘A’ wing, 2[nd ] 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.)

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2. Mr. V. Chandrasekaran (DIN: 03126243), Independent Director

Sr.No	Details of Events that needs tobeprovided	Information of such event(s)
1	Reason for change	Appointment
2	Date of appointment & term ofappointment	Appointed as Additional Director (Non-Executiveand Independent) of the Company, for a term of5 years with effect from 24thMay 2021, subject toapproval by the members of the Company at theensuingAnnual General Meetingof the Company.
3	Brief Profile	Mr. V. Chandrasekaran is a qualified CharteredAccountantandretiredExecutiveDirector(Investment) of LIC of India. He has more than 3decades of experience in Life Insurance Finance,Housing Finance and Mutual Fund Investment, withadequate exposure to a gamut of Investments. HeisinvolvedinInvestmentdecisionmakingprocesses, Investment Monitoring & Accountingand Investment Research and Risk Management. Heserves as an Independent Director on the Board ofvarious companies like Tamilnadu Newsprint &Papers Limited, Tata Investment CorporationLimited,etc.
4	Disclosureofrelationshipsbetween the Directors	Mr. V. Chandrasekaran is not related to any of theDirectors on the Board.

Grasim Industries Limited

Aditya Birla Centre, ‘A’ wing, 2[nd ] 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.)