Grasim JV to Shut Pulp Mill by 2026; ₹187 Cr at Stake
Grasim JV to halt Nackawic pulp mill by Oct 2026; capacity ~190K TPA. Grasim holds 45% stake with ₹187.4 crore investment; market challenges cited. Source: ScoutQuest
Stock news timeline · GRASIM
News timeline · Last 30 days
23 Aug 2026 – 21 Sep 2026 · Times in IST
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Grasim JV to halt Nackawic pulp mill by Oct 2026; capacity ~190K TPA. Grasim holds 45% stake with ₹187.4 crore investment; market challenges cited. Source: ScoutQuest
Grasim Industries halts pulp operations at Canadian facility due to market conditions. Shutdown attributed to current economic and market challenges. Source: Livesquawk
Grasim Industries repaid ₹500 crore in full for CP ISIN INE047A14BA4 on 17th Sep 2026. The repayment was made on maturity, redeeming 10,000 CPs, leaving no outstanding amount. Source: BSE
Grasim Industries' Nagda fiber unit was searched by customs officials. No significant impact on operations or finances; company fully cooperated. Source: Livesquawk
Grasim Industries schedules investor meeting on 16th Sep 2026 at Jefferies India Forum in Gurgaon. Company confirms no unpublished price-sensitive info to be shared; presentations already on website. Source: BSE
ITC, Tata Steel, AEL saw notable FY27 EPS cuts in August. Grasim, Bajaj Finserv, Hindalco, SBI led EPS upgrades among Nifty stocks. Source: Business Today
Grasim Industries received a 'Crisil ESG 65' rating for FY2026, up from 'Crisil ESG 61' in FY2025. Rating was assigned independently by Crisil ESG Ratings; Grasim does not endorse it. Source: BSE
Grasim Industries plans analyst and investor meetings on Sept 1-2. Meetings aim to discuss company updates and future outlook. Source: Livesquawk
ICICI Securities bullish on Grasim due to UltraTech Cement dividend benefits. High dividend from UltraTech Cement expected to positively impact Grasim. Source: ScoutQuest
Grasim targets ₹2 trn revenue in FY27, doubling from five years ago. Growth driven by building materials, finance, digital, and renewable energy. Source: Business Standard