[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
  • Mr. Ashvin Parekh Independent Director
  • Mr. V. Chandrasekaran Independent Director
  • Mr. Haigreve Khaitan Independent Director
  • Mr. Mukkavilli Jagannath Non-Executive Director
  • Mr. Adesh Kumar Gupta Independent Director
  • Mr. Sushil AgarwalNon-Executive Director
  • Mr. Himanshu Kapania Managing Director
  • Managing Director
    Mr. Himanshu Kapania
  • 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 Independent Director and Chairman of the Committee

    Mr. V. Chandrasekaran Independent Director

    Mr. Yazdi Piroj Dandiwala Independent Director

    Mr. Himanshu KapaniaManaging Director

  • Risk Management & Sustainability Committee

    • Mr. N. Mohan Raj Independent Director and Chairman of the Committee

    • Mr. V. ChandrasekaranIndependent Director

    • Mr. Ashvin Parekh Independent Director

    • Mr. Himanshu Kapania Managing Director

    • Mr. Kapil Agarwal Business Head - Textiles

    • Mr. Jayant V. DhobleyBusiness Head - CFI

  • Stakeholders’ Relationship Committee

    Ms. Anita Ramachandran (Chairperson) Independent Director

    Mr. Yazdi Piroj Dandiwala Independent Director

    Mr. Himanshu Kapania Managing Director

  • Corporate Social Responsibility Committee

    Mrs. Rajashree Birla (Chairperson)Non Executive Director

    Ms. Anita Ramachandran Independent Director

    Mr. Himanshu Kapania Managing Director

  • Nomination & Remuneration Committee

    Ms. Anita Ramachandran (Chairperson), Independent Director

    Mr. Kumar Mangalam Birla Non Executive Director

    Mr. Haigreve Khaitan Independent Director

    Mr. Adesh Kumar Gupta Independent Director

  • Finance Committee

    Mr. Sushil Agarwal Non Executive 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. Himanshu Kapania Managing Director

Independent Directors