Grasim Industries Ltd — M&A Activity 2019

May 16, 2019

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Acquisi	tion(includiniigreement to acquire):		Annexure-l
Sr.No.	Particulars
3)	Name of the target entity, details in brief such as size,	Grasim Industries Limited acquired
	turnover etc.;	the Chlor-Alkali Business ("CAB") of
		K.P.R.Industries	(India)Limited
		("KPR") by way of a slump sale. The
		Businessconsists	ofanunder-
		construction 200	TPD Chlor-Alkali
		projectatBalabhadrapuram,
		Andhra Pradesh.
bl	Whether the acquisition would fall within related party	No
	transaction(s)andwhetherthepromoter/promoter
	group/ group companies have any interest in the entity
	being acquired? If yes, nature of interest and details
	thereofand whetherthe same is done at ”arms length";
	Industry to which the entity being acquired belongs;	Manufacturing
6}	Objects and effects of acquisition (includingbutnot	Objects and effects: Acquisition of
	limited to, disclosure of reasons for acquisition of target	CAB is a strategic fit, to strengthen
	entity, if its business is outside the main line of business	Company’s leadership in the chlor—
	ofthe listed entity);	alkali chemicals,	which produces
		caustic soda and	allied chemicals.
		Caustic Soda is a critical industrial
		input for various products such as
		Aluminium,Textiles,Paper,
		Detergentsetc.	CABalsohas
		potential forfuture expansion.
E)	Brief details of any governmental or regulatory approvals	Nil
	required forthe acquisition;
	Indicative time period forcompletion ofthe acquisition;	Completed
g)	Nature of consideration- whether cash consideration or	Cash consideration
	share swap and details ofthe same;
h)	Cost of acquisition or the price at which the shares are	Rs. 253 Crore
	acquired;
	Percentage of shareholding / control acquired and / or	NA
	numberofshares acquired;
l}	Brief background about the entity acquired in terms of	BriefBackground:
	products/line of business acquired, date of incorporation,
	history of last 3 years turnover, country in which the	K.P.R.Industries	(India)Limited
	acquired entity has presence and any other significant	incorporated on 7m October 2011.
	information (in brief);	The Company has	acquiredKPR's
		under-construction 200 TPD Chlor-
		Alkali project at Balabhadrapuram,
		Andhra Pradesh.
		Turnover: As the operations of the
		Unit are yet to commence, hence
		turnover details are notapplicable.
	Grasim Industries Limited
	Aditya Blrla Centre, 'A' wing, 2"6 Floor, S.K.Ahlre Marg. Worll, Mumbal 400 030, India
	T: 4-H 22 6652 5000/ 2499 5000 I F: +91 22 6652 5114 / 2499 5114
	E:qrasim.cfd@adityabirla.com	W:www.9rasim.com	CIN: L17124MP1947PLC000410
	Regd. Office : Blrlagram, Nagda— 456331(M.P.)