MoneyWorks4Me

Godrej industries makes further investment in Godrej Capital

16 Mar 2022 Evaluate

Godrej industries (GIL) has made further investment in Godrej Capital, its subsidiary on March 16, 2022. Consequently, the company now holds 87.11% of the total paid up share capital of Godrej Capital.

Godrej Capital is an investment holding company which holds Godrej Housing Finance and Godrej Finance (formerly known as Ensemble Holdings and Finance). This acquisition of shares of Godrej Capital is done by GIL based on the valuation report for a total consideration of Rs 100.16 crore.

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 1034.60
SRF 2450.75
BASF India 3449.00
Pidilite Inds. 1510.85
Tata Chemicals 612.00
View more..