Grasim Industries to acquire Solenergi Power Private Limited
Grasim Industries (GRASIM) said it has agreed a deal to acquire Solenergi Power Private Limited. The company is valued at about ₹2.03 lakh crore.
What happened
Grasim Industries (GRASIM) told the exchanges on 30 October 2026 at 07:12 PM that it has agreed a deal to acquire Solenergi Power Private Limited.
Company snapshot
Grasim Industries is a large-cap company in the Construction Materials sector, with a market value of about ₹2.03 lakh crore.
The stock last traded at ₹2,981.4, against a 52-week range of ₹2,502.5–₹3,411.1 (12.6% below the high).
Before this filing the shares had moved −6.9% over the month and −5.5% over three months. Average daily turnover over the last 20 sessions was about ₹112 crore.
Promoters held 43.74% at the end of Q1 FY27. Foreign institutions owned 17.17% and domestic institutions 16.13%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 40,118 | 1,418.7 | 20.91 |
| Q2 FY26 | 39,900 | 553.5 | 8.16 |
| Q3 FY26 | 44,312 | 1,036.6 | 15.28 |
| Q4 FY26 | 51,101 | 1,957.7 | 28.87 |
| Q1 FY27 | 48,716 | 2,145.9 | 31.64 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.3% on average the next trading day and was up 0.2% on average after five days (3 filings with price data).
Across 31 similar disclosures by other Construction Materials companies, shares moved −0.1% on average the next day and −0.5% over five days; 39% of them rose the next day.
Market-wide, 2,219 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 21 Aug 2026 | Incorporation of UHG Holdings IFSC Private Limited | −0.6% | +1.9% |
| 13 Jul 2026 | Acquisition Of Solenergi Power Private Limited By Aditya Birla… | −1.9% | +1.1% |
| 23 Jun 2026 | M&A | −1.5% | −2.4% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 13 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.