Grasim Industries was felicitated by the National Stock Exchange of India Limited (NSEIL) at a special ceremony in Mumbai, celebrating 30 years of the Nifty50 Index, one of India’s most importtant benchmarks for the equity markets.

On this occasion, Hemant Kadel, CFO and Neelabja Chakrabarty, CS of Grasim Industries Ltd., received the commemorative memento from Shri Injeti Srinivas - Chairman NSE, Shri Ashishkumar Chauhan - NSE MD and CEO and Shri Aniruddha Chatterjee - MD NSE Indices & NSE Data Analytics, marking Grasim’s longstanding presence as a constituent of the Nifty50 and its contribution to India’s capital markets.

The evening brought together leaders from across India’s corporate and financial ecosystem to reflect on the remarkable journey of the Nifty50 over the past three decades. What began as a benchmark index has today evolved into a trusted barometer of India’s economic strength, corporate governance, and long-term value creation.

Speaking at the event, Hemant Kadel, CFO, Grasim Industries shared his thoughts on this milestone:

“Over the past three decades, the Nifty50 has evolved into a trusted benchmark for India’s equity markets, reflecting the strength, resilience, and ambition of Indian industries. The Nifty50 stands today as a symbol of India’s economic transformation from a growing economy to a globally competitive one. This milestone also marks an important chapter in India’s capital market journey of deepening participation, strengthening transparency, and supporting long-term wealth creation for investors.

At Grasim Industries, we are proud to be a part of the Nifty50 Index. For us, it is both a recognition of the work done by our stakeholders and a reminder of the responsibility that comes with being among India’s leading listed companies. We congratulate NSE on this remarkable journey, and Grasim looks forward to continuing to contribute to India’s growth story in the decades ahead.”

Being part of the Nifty50 is not just an acknowledgment of scale and performance, it is a commitment to governance, transparency, and sustainable growth.  As India’s economy continues to expand and evolve, Grasim remains committed to creating long-term value for investors, stakeholders, and the broader economy.