Date: 23rd September 2026
Board Meeting Outcomes
Aditya Birla Renewables Limited (ABReN), a subsidiary of Grasim Industries Limited, approved the allotment of 23,15,27,093 fully paid-up equity shares of face value ₹10 each at a premium of ₹0.15 per equity share. The issue price was ₹10.15 per equity share, amounting to total consideration of ₹234,99,99,994 (Rupees Two Hundred Thirty Four Crore Ninety Nine Lacs Ninety Nine Thousand Nine Hundred and Ninety Four Only).
The allotment was made to Grasim Industries Limited through private placement on preferential basis, approved by the Board of Directors of ABReN through resolution passed by circulation on September 23, 2026.
Capital Structure Impact
Consequent to the allotment:
- Paid-up equity share capital increased from ₹1,683,50,66,160 to ₹1,915,03,37,090
- Preference share capital remains unchanged at ₹1,590,00,00,000
- Total paid-up share capital now aggregates to ₹3,505,03,37,090
Signatories and Contacts
- Neelabja Chakrabarty, Company Secretary and Compliance Officer of Grasim Industries Limited (ACS - 16075)
- Nitesh Gangwal, Company Secretary and Compliance Officer of Aditya Birla Renewables Limited (Membership No.: ACS 17164)
Copies were sent to Luxembourg Stock Exchange and Citibank N.A. (Depositary Receipt Services and Custodial Services).