S&R Associates Represented Grasim Industries In INR 10 Billion NCD Private Placement

S&R Associates represented Grasim Industries in INR 10 billion NCD private placement

S&R Associates represented Grasim Industries Limited, a flagship company of the Aditya Birla Group, in connection with its INR 10 billion private placement of non-convertible debentures (NCDs) listed on the BSE.

The issuance of listed NCDs marks a significant fund-raising move by Grasim, aiding its strategic growth and investment plans across business verticals.

The S&R Associates team was led by Kinnari Sanghvi (Partner), with support from Manan Sheth and K J Chendhil Kumar (Associates).

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