Grasim Industries to hold 79th AGM on Aug 21, 2026; proposes 500% dividend
Grasim Industries will hold its 79th AGM on August 21, 2026, to adopt FY26 financial statements and declare a 500% dividend (₹10 per share). The company proposes appointing Deloitte Haskins & Sells as Joint Statutory Auditors and ratifying cost auditor remuneration. Commission for Non-Executive Directors for five years will also be discussed.
The declaration of a significant dividend and the appointment of statutory auditors are material events for shareholders. The AGM agenda covers several important corporate decisions.
The announcement includes a proposed dividend payout and the appointment of auditors, which are generally viewed positively by shareholders. The AGM agenda also covers routine corporate governance matters.
Grasim Industries Limited has announced its Integrated Annual Report for the financial year ended March 31, 2026, along with the Notice of its 79th Annual General Meeting (AGM). The AGM is scheduled to be held on Friday, August 21, 2026, at 11:30 a.m. IST through Video Conference (VC) / Other Audio-Visual Means (OAVM).
During the AGM, the company will seek approval for the adoption of Audited Standalone and Consolidated Financial Statements for FY 2026. A significant item on the agenda is the declaration of a dividend of ₹10 per equity share, representing a 500% payout on fully paid-up equity shares.
Furthermore, the meeting will address the re-appointment of Mr. Kumar Mangalam Birla and Mr. Sushil Agarwal, who are retiring by rotation. The appointment of Deloitte Haskins & Sells Chartered Accountants LLP as Joint Statutory Auditors for a five-year term, commencing from the conclusion of the 79th AGM until the 84th AGM, will also be proposed. Their remuneration for the financial year 2026-27 is proposed at ₹2.75 crore, exclusive of applicable taxes and expenses.
In addition, the company will seek ratification of the remuneration for its Cost Auditors, M/s. D. C. Dave & Co., for the financial year 2026-27, amounting to ₹28 lakh plus applicable taxes and out-of-pocket expenses. The AGM will also consider a proposal to pay commission to Non-Executive Directors, not exceeding 1% of the Net Profits of the Company per annum, for a period of five years from April 1, 2026, to March 31, 2031.
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Grasim Industries Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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