[Disclosures under Regulation 46 and 62 of the SEBI (LODR) Regulations, 2015]

Governance Philosophy

Grasim sets the benchmark in Corporate Governance, adhering to the laws, regulations and good practices that enable efficient performance and ethical generation of long-term wealth and value creation for all its stakeholders.

We, at Grasim Industries Limited, are committed to the adoption of best governance practices in the true spirit, at all times. Our governance practices are self-driven, reflecting the culture of trusteeship that is deeply ingrained in our value system and reflected in our strategic growth process. Our governance philosophy rests on five basic tenets, viz.,

  • Board accountability to the Company and stakeholders
  • Equitable treatment to all shareholders
  • Strategic guidance and effective monitoring by the Board
  • Protection of minority interests and rights
  • Transparency and timely disclosure

In line with the above philosophy, Grasim continuously strives for excellence through adoption of best governance and disclosure practices.

  • Board accountability to the Company and stakeholders
  • Equitable treatment to all shareholders
  • Strategic guidance and effective monitoring by the Board
  • Protection of minority interests and rights
  • Transparency and timely disclosure

Board Composition

Board of Directors
  • Mr. Kumar Mangalam Birla Non-Executive Director, Chairman
  • Mrs. Rajashree Birla Non-Executive Director
  • Ms. Ananyashree Birla Non-Executive Director
  • Mr. Aryaman Vikram Birla Non-Executive Director
  • Ms. Anita Ramachandran Independent Director
  • Mr. N. Mohan Raj Independent Director
  • Mr. Yazdi Piroj Dandiwala Independent Director
  • Dr. Thomas M. Connelly, Jr. Independent Director
  • Mr. V. Chandrasekaran Independent Director
  • Mr. Adesh Kumar Gupta Independent Director
  • Mr. Cyril Shroff Independent Director
  • Mr. Raj Kumar Non-Executive Director
  • Mr. Sushil AgarwalNon-Executive Director
  • Mr. Harikrishna Agarwal Managing Director
  • Managing Director
    Mr. H. K. Agarwal
  • Chief Financial Officer
    Mr. Pavan K Jain
Business Heads
  • Mr. K Suresh Fibre
  • Mr. Jayant V Dhobley Business Head, CFI
  • Mr. Kapil Agarwal Textiles
  • Ms. Vishakha Mulye Financial Services
  • Mr. Ajit Rajagopalan Insulators
  • Mr. K. C. Jhanwar Cement
Company Secretary
  • Mr. Sailesh Kumar Daga

Board Committees

  • Audit Committee

    Mr. N. Mohan Raj (Chairman)Independent Director

    Mr. V. Chandrasekaran Independent Director

    Dr. Thomas M. Connelly, Jr. Independent Director

    Mr. H.K. AgarwalManaging Director

  • Risk Management & Sustainability Committee
    • Mr. N. Mohan Raj (Chairman) Independent Director

    • Mr. Kapil Agarwal Business Head - Textiles

    • Mr. V. ChandrasekaranIndependent Director

    • Mr. Jayant V. DhobleyBusiness Head - CFI

    • Dr. Thomas M. Connelly, Jr. Independent Director

    • Mr. Rakshit HargaveChief Executive Officer - Paints

    • Mr. H. K. Agarwal Managing Director

  • Stakeholders’ Relationship Committee

    Ms. Anita Ramachandran (Chairperson) Independent Director

    Mr. Yazdi Piroj Dandiwala Independent Director

    Mr. H.K. Agarwal Managing Director

  • Corporate Social Responsibility Committee

    Mrs. Rajashree Birla (Chairperson)Non Executive Director

    Ms. Anita Ramachandran Independent Director

    Mr. H.K. Agarwal Managing Director

  • Nomination & Remuneration Committee

    Ms. Anita Ramachandran (Chairperson) Independent Director

    Mr. Kumar Mangalam Birla Non Executive Director

    Mr. Cyril Shroff Independent Director

    Mr. Adesh Kumar Gupta Independent Director

  • Finance Committee

    Mr. H. K. Agarwal (Chairman) Managing Director

    Mr. Adesh Gupta Independent Director

    Mr. V. Chandrasekaran Independent Director

  • PIT Regulation Committee

    Mr. V. Chandrasekaran (Chairman) Independent Director

    Mr. Yazdi Piroj Dandiwala Independent Director

    Mr. H.K. Agarwal Managing Director

  • Rights Issue Committee – 2023

    Mr. V. Chandrasekaran Independent Director

    Mr. Adesh Gupta Independent Director

    Mr. Harikrishna Agarwal Managing Director