how to catch kendo grid cell out of focus event?

In my kendo grid, I want to put some value in a cell & then after leaving the cell, based on the value of that cell, I need to put some other value on the adjascent cell. How can I do that?

I have studied the following jsfiddle, the problem is its triggering the event everytime I'm getting out of any cell, but I need to fire the event for only one column's cell.

http://jsfiddle.net/latenightcoder/6ZNqN/1/

here is my grid:

//To Define Columns for Yearly Holiday Kendo Grid
        var YearlyHolidayGrid = $("#YearlyHolidayGrid").kendoGrid({
            dataSource: YearlyHolidayDataSource,
            pageable: true,
            editable: true,
            edit: function (e) {
                var input = e.container.find(".k-input");
                var value = input.val();
                input.keyup(function () {
                    value = input.val();
                });
                input.blur(function () {
                    //$("#log").html(input.attr('name') + " blurred : " + value);
                    //var a = new Date();
                    //a = value;
                    //var day = a.getDay();
                    //alert(day);
                    alert(value);
                });
            },
            selectable: "row",
            navigatable: true,
            filterable: true,
            sortable: true,
            height: 200,
            columns: [
                  { field: "HLDY_SLNO", title: "SL", width: "50px" },
                  { field: "HLDY_DATE", title: "Date", width: "100px" },
                  { field: "HLDY_DAY", title: "Day", width: "100px" },
                  { field: "HLDY_NAME", title: "Holiday Name", width: "100px" },
                  { field: "HLDY_TYPE", title: "Holiday Type", width: "100px" },
                  { field: "HLDY_STATUS", title: "Holiday Status", width: "100px", editor: YearlyHolidayStatus },
                  { field: "HLDY_DFIN_TYPE", title: "Defined as", width: "100px", editor: YearlyHolidayDefinedAs },
                  { field: "HLDY_REM", title: "Remarks", width: "100px" },
                  { command: [{ name: "DeltedRow", text: "Delete"}], title: "Delete", width: 100 }
            ]
            //change: function () {
            //    var row = this.select();
            //    var id = row.data("id");

            //  //  $("#log")
            //  //      .html("selected row with id= " + id + " \
            //  //, for ShipName = " + dataSource.get(id).get("ShipName"));
            //}
        });

Plz help.