$GRASIM

### $GRASIM | Leadership Transition in Textiles Business Grasim Industries has appointed **Sangeeta Tanwani** as **CEO (Designate)** of its Textiles Business effective **August 1, 2026**. She will take over as **CEO from November 1, 2026**, succeeding **Kapil Agrawal**, who will move to a new role within the Aditya Birla Group effective October 31, 2026. Ms. Tanwani brings over **30 years of experience** across retail, FMCG, financial services, and pharmaceuticals, and has played a key role in transforming Pantaloons and scaling the group's value fashion business. The company stated that the transition is part of an internal leadership realignment aimed at ensuring continuity and future growth. **Impact:** *Neutral to Mildly Positive* — The appointment reflects a planned succession process and leadership continuity, with an experienced executive taking charge of the textiles business.