Godrej industries has made further investment of 2.08% in Godrej Agrovet, its subsidiary on May 20, 2022. Consequently, the company now holds 64.55% of the total paid up Equity Share capital of Godrej Agrovet. The company has made further investment in its subsidiary as a strategic investment.
This further acquisition of Equity Shares of Godrej Agrovet is done by company in open market as a block deal at a price of Rs 492.60 per share, aggregating to Rs 197.04 crore. The company has acquired 40 lakh fully paid up equity shares of face value of Rs 10 each of Godrej Agrovet.
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.
| Company Name | CMP |
|---|---|
| BASF India | 3703.10 |
| Tata Chemicals | 709.05 |
| SRF | 2493.65 |
| Pidilite Inds. | 1393.25 |
| Deepak Nitrite | 1538.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: