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Impressive performance of VSF business – Grasim
21 May '10
4 min read
Outlook
The Company enjoys a leadership position in both of its businesses, viz., Cement and VSF, with strong competitive advantages and global size. They now stand at the cusp of the next phase of growth. The Company will continue to make investments in these two businesses to consolidate its leadership position. The Company's strong Balance Sheet will support its ambitious growth plans. On restructuring, while the Cement business will be consolidated in a pure play company, Grasim at the consolidated level will continue to be a Cement and VSF major.
Appointment
In the Board Meeting held today, the Board has appointed Mr. K.K. Maheshwari as the Whole Time Director of the Company.
The Company enjoys a leadership position in both of its businesses, viz., Cement and VSF, with strong competitive advantages and global size. They now stand at the cusp of the next phase of growth. The Company will continue to make investments in these two businesses to consolidate its leadership position. The Company's strong Balance Sheet will support its ambitious growth plans. On restructuring, while the Cement business will be consolidated in a pure play company, Grasim at the consolidated level will continue to be a Cement and VSF major.
Appointment
In the Board Meeting held today, the Board has appointed Mr. K.K. Maheshwari as the Whole Time Director of the Company.
Grasim Industries Limited
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