Grasim Industries to Raise ₹1,000 Crore via NCDs

Grasim Industries, a company, is planning to get money by selling bonds called NCDs.

They will sell these bonds privately, meaning only certain people can buy them.

They hope to raise up to ₹1,000 crore.

Each bond will cost ₹1,00,000.

The company's finance team has approved this plan.

The company reported a loss of ₹288 crore for the last quarter, though the revenue was higher compared to last year.

This means the company made less profit than expected despite increased sales.

The company's shares went down slightly in the market.