The members of the stakeholders' Relationship Committee of the Board of Directors of Grasim Industries Limited vide its circular resolution dated June 4, 2019 has approved and allotted 7,500, 7.60% Fully-Paid Unsecured Redeemable Non-Convertible Debentures (NCDs) of INR 1.0 million each (Series-1920/II 7.60% GlL2024) aggregating to INR 7,500 million, on private placement basis. The Debentures shall be redeemed at par at the end of the 5 years from the Deemed Date of Allotment that is June 4, 2019 and Redemption Date is June 4, 2019.