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Grasim Industries has named Pavan Kumar Jain as its Chief Financial Officer, effective 2022. Jain currently works at the company and is also a member of The Institute of Chartered Accountants of India and Associate Member of the Institute of Company Secretaries of India. Grasim Industries is a producer of cellulosic fibers, diversified chemicals, fashion yarn, and fabrics, with segments including Cellulosic Fibres, Chemicals, Building Material, Financial Service, and Others.

Grasim Industries Limited has announced the appointment of Mr. Hemant Kumar Kadel as the new Chief Financial Officer (CFO) and Key Managerial Personnel of the Company, effective August 16, 2025 [1]. The appointment was approved by the Board of Directors at a meeting held on May 22, 2025, following the superannuation of Mr. Pavan Kumar Jain [1].

Mr. Kadel, a Commerce Graduate from the University of Rajasthan and a Fellow Member of the Institute of Chartered Accountants of India, brings extensive experience in the manufacturing industry. He has worked across various Group businesses within the Aditya Birla Group, including Aditya Birla Nuvo, Birla White, and Grasim CFD. Currently, he heads the Corporate Taxation Function for Grasim Industries Limited, overseeing taxation, internal audit, risk management, and Merger & Acquisitions [1].

Mr. Kadel's appointment is a significant move for Grasim Industries, as he has played a crucial role in managing complex tax litigations and expanding the White Cement project. His background and experience align well with the company's strategic goals, particularly in the areas of financial management and risk mitigation.

Grasim Industries Limited is a producer of cellulosic fibers, diversified chemicals, fashion yarn, and fabrics, with segments including Cellulosic Fibres, Chemicals, Building Material, Financial Service, and Others [2]. The company's financial performance has been closely monitored by analysts, with the latest updates suggesting a positive outlook despite recent market volatility [2].

The appointment of Mr. Kadel follows a period of strategic changes within Grasim Industries. The company has been focusing on growth engines and scaling operations to meet the demands of a rapidly evolving market. The new CFO's appointment is expected to provide a strong financial foundation for these growth initiatives.

References:
[1] https://www.marketscreener.com/quote/stock/GRASIM-INDUSTRIES-LIMITED-33647063/news/Grasim-Industries-Limited-Announces-Chief-Financial-Officer-Changes-50042178/
[2] https://www.marketscreener.com/quote/stock/GRASIM-INDUSTRIES-LIMITED-33647063/