Meeting Details
The 79th Annual General Meeting (AGM) of Grasim Industries Limited was held on Friday, 21st August 2026 through Video Conference (VC) / Other Audio-Visual Means (OAVM). The meeting commenced at 11:30 a.m. and concluded at 1:00 p.m.
Voting Process Details
Remote e-voting period: 17th August 2026 (9:00 AM) to 20th August 2026 (5:00 PM)
Record date for voting eligibility: 14th August 2026
Total shareholders on record date: 260,990
Shareholders attending via VC: 107 (Promoter & Promoter Group: 11, Public: 96)
Share Capital Structure
Total equity shares: 68,05,80,576
- Fully paid-up (₹2 each): 68,05,37,721
- Partly paid-up (₹1 each): 21,166
- Partly paid-up (₹0.5 each): 21,689
Exclusions from Voting Rights
- 22,91,214 fully paid-up Equity Shares held by Employee Benefit Trust (no voting rights as per SEBI Regulations)
- 1,07,959 Equity Shares held in Suspense Accounts (frozen voting rights)
Resolution-wise Voting Results
Resolution 1: Adoption of Audited Standalone and Consolidated Financial Statements for FY 2026
Type: Ordinary Resolution | Promoter Interest: No
Result: PASSED
Total votes polled: 54,95,66,324 (81.0353% of outstanding shares)
Votes in favor: 54,93,66,729 (99.9637% of votes polled)
Votes against: 1,99,595 (0.0363% of votes polled)
Resolution 2: Declaration of Dividend
Type: Ordinary Resolution | Promoter Interest: No
Result: PASSED
Total votes polled: 54,96,87,189 (81.0531% of outstanding shares)
Votes in favor: 54,96,77,663 (99.9983% of votes polled)
Votes against: 9,526 (0.0017% of votes polled)
Resolution 3: Reappointment of Mr. Kumar Mangalam Birla (DIN: 00012813)
Type: Ordinary Resolution | Promoter Interest: Yes
Result: PASSED
Total votes polled: 54,96,87,183 (81.0531% of outstanding shares)
Votes in favor: 52,02,61,437 (94.6468% of votes polled)
Votes against: 2,94,25,746 (5.3532% of votes polled)
Notable: Public Institutions showed significant dissent with 15.6574% voting against
Resolution 4: Reappointment of Mr. Sushil Agarwal (DIN: 00060017)
Type: Ordinary Resolution | Promoter Interest: No
Result: PASSED
Total votes polled: 54,96,87,183 (81.0531% of outstanding shares)
Votes in favor: 54,13,14,605 (98.4768% of votes polled)
Votes against: 83,72,578 (1.5232% of votes polled)
Resolution 5: Appointment of Deloitte Haskins & Sells as Joint Statutory Auditors
Type: Ordinary Resolution | Promoter Interest: No
Result: PASSED
Total votes polled: 54,96,87,189 (81.0531% of outstanding shares)
Votes in favor: 54,96,25,653 (99.9888% of votes polled)
Votes against: 61,536 (0.0112% of votes polled)
Resolution 6: Ratification of Remuneration of Cost Auditors for FY 2026-27
Type: Ordinary Resolution | Promoter Interest: No
Result: PASSED
Total votes polled: 54,96,87,189 (81.0531% of outstanding shares)
Votes in favor: 54,96,77,577 (99.9983% of votes polled)
Votes against: 9,612 (0.0017% of votes polled)
Resolution 7: Payment of Commission to Non-Executive Directors (5 years from 1st April 2026)
Type: Ordinary Resolution | Promoter Interest: No
Result: PASSED
Total votes polled: 54,96,86,656 (81.0530% of outstanding shares)
Votes in favor: 54,95,67,412 (99.9783% of votes polled)
Votes against: 1,19,244 (0.0217% of votes polled)
Scrutinizer Details
Mr. Avinash Bagul, Partner of M/s. BNP and Associates, Practicing Company Secretaries, was appointed as Scrutinizer for the remote e-voting and e-voting process. The scrutinization was witnessed by Mr. Shreyash Bhogal and Mr. Kapil Rawat.
Distribution of Documents
The Notice of AGM along with Integrated Annual Report was sent by email to 221,718 members (87.22% of total members). For members without registered email, a letter with web-link to access the report was posted.
Public Notices
Advertisement was published in Business Standard (All India English edition) and Nai Dunia (Indore Hindi edition) on 15th July 2026 and 21st July 2026 as required under applicable regulations.
Voting Participation
1,578 shareholders participated in e-voting, holding 56,32,00,428 shares. All resolutions were passed with the requisite majority.