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Godrej Industries raises Rs 750 crore through NCDs

28 Oct 2020 Evaluate

Godrej Industries has raised Rs 750 crore through Rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) and allotted 7500 NCDs having face value of Rs 10,00,000 each to the Identified Investors as approved by the Committee on October 26, 2020. The board of directors at its meeting held on October 28, 2020 has approved and allotted 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 1037.35
SRF 2460.25
BASF India 3458.20
Pidilite Inds. 1509.05
Tata Chemicals 616.60
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