Grasim Industries Limited informed that Shri Shailendra K. Jain (DIN: 00022454) vide his letter dated 1st February 2023 has stepped down as a Non-Executive Director of the Company with immediate effect due to his advancing age and need to devote time for family affairs. Shri Shailendra K. Jain has been an outstanding leader associated with the Company since 1965 and contributed to realise vision of developing Grasim's Pulp and Fibre business to become a global leader. For his long-standing contribution to the Group, he was conferred with the Lifetime Contribution Award in 2004 and Aditya Birla Group Ratna Award in 2017.