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Godrej Industries to raise Rs 750 crore on private placement basis

06 May 2021 Evaluate

Godrej Industries’ Management Committee of the Board of Directors on May 5, 2021 has approved the Information Memorandum for issuance of upto 7,500 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures having Face Value of Rs 10,00,000 each, aggregating to Rs 750 crore on private placement basis.

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 943.60
SRF 2336.65
BASF India 3116.35
Pidilite Inds. 1451.90
Tata Chemicals 598.55
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