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  1. Grasim appoints former ITC executive vice president Sachin Sahay as CEO of Birla Opus Paints

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Grasim appoints former ITC executive vice president Sachin Sahay as CEO of Birla Opus Paints

Upstox

2 min read | Updated on January 16, 2026, 17:54 IST

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SUMMARY

Based on the recommendation of the Nomination and Remuneration Committee, the board approved the appointment of Sachin Sahay as Chief Executive Officer (CEO) of Birla Opus Paints with effect from February 16.

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Grasim shares ended 0.44% higher at ₹2,808. Image: Birla Opus

Grasim Limited, the Aditya Birla Group company, has appointed Sachin Sahay, former executive vice president - sales at ITC as the Chief Executive Officer (CEO) of Birla Opus Paints.

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Based on the recommendation of the Nomination and Remuneration Committee, the board approved the appointment of Sachin Sahay as Chief Executive Officer (CEO) of Birla Opus Paints, and as Senior Management Personnel of Grasim, effective from February 16.

Sachin Sahay joins us from ITC, where he last served as Executive Vice President – Sales, bringing over 30 years of leadership experience in Sales & Marketing across entrepreneurial roles and multigeography assignments in India, Grasim said in an exchange notification.

"He has played a pivotal role in ITC’s FMCG transformation journey, including the creation and scale-up of its FMCG channel from greenfield operations to its current national footprint. Mr. Sachin Sahay has led the launch and growth of multiple brands, built largescale distribution capabilities across urban and rural markets, and driven complex transformation initiatives with a strong balance of process rigor and people leadership. He has been instrumental in implementing field force automation and streamlining common stockist operations across ITC’s diverse portfolio, including cigarettes, foods, and FMCG, enabling efficient capital deployment and optimized partner engagement," Grasim said.

Grasim Industries Q2 earnings

Aditya Birla Group flagship holding firm Grasim Industries Ltd on Wednesday reported a 52.4% rise in its net profit to ₹1,498.04 crore for the September quarter of FY26, supported by a higher profitability in the cement and chemical businesses.

The company has reported a net profit of ₹982.94 crore for the July-September quarter a year ago, according to a regulatory filing by the holding firm.

Grasim's revenue from operations increased 16.6% to ₹39,899.5 crore in the September quarter of FY26. It was ₹34,222.50 crore in the corresponding quarter a year before.

Grasim shares ended 0.44% higher at ₹2,808 after the company announced appointment of the new CEO.

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