Grasim Industries Limited has published the record dates for the upcoming interest payments pertaining to its various series of Unsecured Non-Convertible Debentures (NCDs). Key payment dates in 2026 include April 6th, June 8th (adjusted for a weekend), June 10th, December 1st, and December 21st (adjusted for a weekend). Investors holding the relevant NCDs by these specific record dates will be eligible to receive the scheduled coupon payments.
Grasim Industries NCD Interest Payment Schedule Announced
Grasim Industries Limited has formally communicated the necessary record dates required for determining the entitlement of investors for the scheduled interest payments on its outstanding series of Unsecured Non-Convertible Debentures (NCDs) for the year 2026. This disclosure aligns with mandatory continuous disclosure requirements.
Detailed Interest Payment Matrix
The following table summarizes the specific series, their corresponding record dates, and the subsequent interest payment dates:
- Series 21-22 I 6.99% GIL 2031 (ISIN: INE047A08182): The record date is set for March 20, 2026, with payment due on April 6, 2026.
- Series 6.56% GIL 2030, Series I (ISIN: INE047A08240): The record date is May 22, 2026, with the payment date scheduled for June 8, 2026. This date was shifted from the original date due to June 6, 2026 being a non-business day.
- Series 22-23 I, 7.50% GIL 2027 (ISIN: INE047A08190): The record date is May 26, 2026, and the interest will be paid on June 10, 2026.
- Series 22-23 II, 7.63% GIL 2027 (ISIN: INE047A08208): The record date is November 16, 2026, with the payment occurring on December 1, 2026.
- Series 7.21% GIL 2034, Series I (ISIN: INE047A08232): The record date is December 4, 2026, and the payment date is December 21, 2026. This date adjustment from the original December 19, 2026, follows the Business Day Convention due to a Saturday.
Business Day Convention Notice
It is important to note that for dates falling on a Saturday, Sunday, or a public holiday, the interest payment will be deferred and processed on the next succeeding working day, as stipulated in the respective NCD term sheets.
This information is provided for the records of the stock exchanges and all relevant stakeholders.
Source: BSE
