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Godrej Industries gets nod to raise Rs 750 crore via NCDs

14 Jul 2020 Evaluate

Godrej Industries has received approval to raise Rs 750 crore through NCDs and issuance of upto 7,500 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) having Face value of Rs 10,00,000 each, on private placement basis.  The Management Committee of the Board of Directors of the Company on July 13, 2020, approved the same.

Godrej industries a part of Godrej group, is India's leading manufacturer of oleochemicals and makes more than a hundred chemicals for use in over two dozen industries.

 

Peers
Company Name CMP
Godrej Industries 1032.80
SRF 2458.55
BASF India 3454.00
Pidilite Inds. 1497.70
Tata Chemicals 615.45
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