Grasim commits Rs 3,094 cr to expand Lyocell capacity in Karnataka
Grasim Industries' board cleared a Rs 3,094 crore investment to scale Lyocell fibre capacity in Karnataka, deepening its bet on sustainable textiles. Same docket: Titan redeemed Rs 1,000 cr CPs, Brigade fixed June 17 record date for 1:3 bonus, Bajaj Life May premium rose 66% to Rs 1,236 cr.
Titan redeemed Rs 1,000 crore in commercial papers; Brigade Enterprises set June 17 record date for 1:3 bonus issue; Bajaj Finserv reported May insurance premium growth; Grasim plans Rs 3,094 crore Lyocell capacity expansion in Karnataka.