Date: 30th October 2026
Board Meeting Outcomes
- Aditya Birla Renewables Limited (ABReN), a subsidiary of Grasim Industries, has received approval from the Competition Commission of India (CCI) for its acquisition of 100% equity shares and other securities of Solenergi Power Private Limited
- The CCI granted approval under Section 31(1) of the Competition Act, 2002 vide letter dated 30th October 2026
- This approval was a condition precedent to the acquisition following the Share Purchase Agreement execution approved by ABReN's Board on 13th July 2026
Other Operational / Legal / Strategic Disclosures
- This announcement serves as a regulatory compliance disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The information is being hosted on the Company's website at https://www.grasim.com
- The announcement is also being communicated to Luxembourg Stock Exchange and Citibank N.A. (Depositary Receipt Services and Custodial Services)
- This is a continuation of the corporate announcement dated 13th July 2026 regarding the same transaction