Grasim Industries Limited informed that the members of the Stakeholders' Relationship Committee of the Board of Directors of the Company vide its circular resolution passed on 22nd March 2024 has approved the allotment of 1,250 - 7.25% Fully Paid, Unsecured, Unlisted, Rated, Redeemable, Non-Convertible Debentures of Face Value of INR 10,000,000 each (7.25% GIL 2034 Series I) aggregating to INR 12,500 million to International Finance Corporation, a multilateral institution, on private placement basis. INR 12,500 million consisting of 1,250 Fully Paid, Unsecured, Unlisted, Rated, Redeemable, Non-Convertible Debentures of Face Value of INR 10 million each for cash at par. Tenure of the Instrument: 10 years from the date of allotment: 22 March 2024.

Date of Maturity: 22 March 2034. Coupon Rate - 7.25%; Schedule of Payment of Coupon - Half Yearly; Redemption Date - 22nd March 2034. The Debentures shall be redeemed at par at the end of 10 years from the Date of Allotment: 22 March 2024.

Redemption Date: 22 March 2034.