Grasim Industries Ltd — Capital/Financing Update 2021

Apr 5, 2021

5[th] April 2021

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Ref No: GIL/CFD/SEC/22/004/SE

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 Scrip Code: GRASIM

Dear Sirs,

Sub: Allotment of Fully Paid-up Unsecured Redeemable Non-Convertible Debentures

The members of the Stakeholders’ Relationship Committee of the Board of Directors of the Company vide its circular resolution dated 5[th] April 2021 has allotted 10,000, 6.99% Fully-Paid Unsecured Redeemable Non-Convertible Debentures (NCDs) of Rs. 10 Lakh each (Series 21-22 I 6.99% GIL 2031) aggregating to Rs. 1,000 Crore, on private placement basis.

These NCDs have been rated “AAA(STABLE)” by CRISIL and ICRA.

The disclosure as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed herewith as Annexure-1

Kindly take the above information on your records.

Thank you.

Yours faithfully,

For Grasim Industries Limited

Digitally signed by Sailesh Sailesh Kumar Daga Kumar Daga Date: 2021.04.05 20:48:24 +05'30' Sailesh Daga Company Secretary

Encl: as above

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 Email: grasim.secretarial@adityabirla.com | Website: www.grasim.com | CIN: L17124MP1947PLC000410

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

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Annexure 1

Disclosure as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

**Sr No. **		Particulars	Details of Securities
1.		Size of the Issue	Rs. 1,000 Crore consisting of 10,000 Fully Paid-up Unsecured Redeemable Non-Convertible Debentures (NCDs)of Rs. 10 Lakh each for cash atpar
2.		Whether securities to be listed? If Yes, Name of the Stock Exchange	Yes Wholesale Debt Market segment of BSE Limited & Wholesale Debt Market segment of National Stock Exchange of India Limited
3.		Tenure of the Instrument (with Date of Allotment and Date of Maturity)	10 years from the deemed date of allotment i.e. 5thApril 2021 Redemption/MaturityDate: 4thApril 2031
4.		Coupon Rate/ Schedule of Payment of Coupon/ interest and principal	Coupon Rate-6.99% Fixed Coupon Payment-Annual - 5thApril 2022, 5thApril 2023, 5thApril 2024, 4thApril 2025, 3rdApril 2026, 5thApril 2027, 5thApril 2028, 5thApril 2029, 5thApril 2030, 4thApril 2031 till Redemption date(s)i.e. 4thApril 2031
5.		Charge/Security, if any created over the assets	Not Applicable
6.		Special right interest/privileges attached to the instrument and changes thereof;	Not Applicable
7.		Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal;	In case of default in payment of interest and/or Redemption Amount on due dates, additional interest @ 2% p.a. over and above the Coupon Rate will be payable by the Issuer for the period of default
8.		Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon,if any	Not Applicable
9.		Details of redemption of ~~indicatin the manne~~	The Debentures shall be redeemed at par at the end of the 10 years from the Deemed Date of Allotment i.e. 5thApril 2021. If this is not a Business Day, then as per the Business Day Convention Redemption Date: 4thApril 2031

For Grasim Industries Limited

Sailesh Digitally signed by Sailesh Kumar Daga Kumar Daga Date: 2021.04.05 20:48:52 +05'30' Sailesh Daga Company Secretary

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 Email: grasim.secretarial@adityabirla.com | Website: www.grasim.com | CIN: L17124MP1947PLC000410

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