Grasim Industries Ltd., a flagship company of Aditya Birla Group, has been awarded the prestigious “Masters of Risk - Conglomerate” award in the Large Cap category at the India Risk Management Awards 2025, presented by CNBC-TV18 and ICICI Lombard. This recognition underscores our commitment to excellence in Risk Management, a very critical aspect of managing businesses specially in the era of growing uncertainties and volatilities.

Left to Right: Latha Venkatesh, Consulting Editor - CNBC TV1; Dr. Arvind Panagariya, Chairman of Finance Commission of India; Pavan Jain, CFO; Viral Shah; Hemant Kadel - Grasim Industries Limited, Sanjeev Mantri - MD and CEO at ICICI Lombard

The India Risk Management Awards seek to honour those who have shown resilience, innovation, and strategic foresight in managing risks. Grasim’s risk management teams innovative strategies, proactive measures, and positive outcomes have impressed the esteemed jury panel. We are proud to say that our robust enterprise risk management framework has been acknowledged at this esteemed forum.

Accepting the award, Pavan K Jain, Chief Finance Officer, Grasim Industries Ltd., said: "We thank the esteemed jury and are incredibly proud to receive the 'Masters of Risk - Conglomerate' award, a testament to the hard work, dedication, and innovation of our teams across Grasim. This achievement reflects our collective commitment to not just managing risks effectively but turning them into opportunities for growth and setting a new standard for risk management in the industry."

The award is a significant milestone in the company’s journey towards fostering a culture of innovation and excellence.