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Grasim Industries Ltd.

BSE: 500300 Sector: Industrials
BSE 00:00 | 24 Apr 2020 Grasim Industries Ltd
NSE 05:30 | 01 Jan 1970 Grasim Industries Ltd

Grasim Industries Limited - Updates

September 12, 2016, 12:00 am | Source: NSE

Grasim Industries Limited has informed the Exchange that the Directors vide a circular resolution passed on September 10, 2016, have approved the proposal to- 1. Increase the limits for investment in the equity share capital of the Company by Registered Foreign Portfolio Investors (including FIIs) from 24% to 30% of the Company s total paid-up equity share capital of the Company, subject to the approval of the shareholders of the Company and other applicable statutory approvals, and 2. Convene an Extra Ordinary General Meeting of the Members of the Company on October 10, 2016 to obtain the approval of the shareholders to the above proposal.