Grasim Industries at its assembly held on March 24, 2021, has authorized raising of budget by using availing of term loans or with the aid of issue of debt securities together with but no longer restricted to the issuance of overseas forex denominated bonds or debentures or every other securities which can be issued in one or greater tranches, in India or overseas, inside the typical borrowing restrict of Rs. 10,000 crore on a private placement foundation or otherwise.
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