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The funding supports the acquisition of Shell’s Sprng Energy portfolio, expanding ABRen’s total renewable capacity in India to 9.3GWp.
Grasim Industries Ltd (BOM:500300) posts highest-ever quarterly revenue of INR48,716 crore, up 21% year-over-year, driven by strong performance in Birla Opus Paints and Birla Pivot.
ABRen’s acquisition of Sprng Energy will increase its total renewable energy capacity to around 9.3GWp.
VADODARA, India, June 16, 2026--Lubrizol, together with Grasim Industries Limited, today inaugurated a world-class Chlorinated Polyvinyl Chloride (CPVC) resin manufacturing facility in Vilayat, Gujarat. The new plant, along with the recently enhanced CPVC compounding capacity at Lubrizol’s Dahej facility, creates one of India’s most scalable and integrated CPVC manufacturing footprints, reinforcing leadership in high-performance plumbing and piping solutions.
Grasim Industries Ltd (BOM:500300) reports robust revenue growth and strategic advancements, despite facing hurdles in its chemical and paints segments.
RAK Ceramics India Private Limited ("RAK Ceramics"), one of the world's leading ceramics brands, has formed a strategic partnership with Birla Pivot, the digital-first B2B commerce platform, part of Grasim Industries Limited (Aditya Birla Group). Under the collaboration, Birla Pivot will distribute RAK Bathware, KLUDI Bathware, and RAK Tiles across its dealer network and digital channels in India.
The Jim Jam biscuits maker said net sales for the quarter stood at Rs47.52bn ($535.6m), a year-on-year increase of 4.1%.
Grasim Industries Ltd (BOM:500300) reports robust revenue growth despite challenges in leadership and logistics, with strategic expansions in paints and e-commerce driving future prospects.
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