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Godrej Industries makes further investment in Godrej Capital

03 Jun 2022 Evaluate

Godrej Industries (GIL) has made further investment in Godrej Capital (GCL), its subsidiary, on June 2, 2022. Consequently, the Company now holds 91.81% of the total paid up share capital of Godrej Capital. This further acquisition of Equity Shares of GCL is done by GIL based on the Valuation Report for a total consideration of Rs 685 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 1046.30
SRF 2467.00
BASF India 3478.30
Pidilite Inds. 1519.75
Tata Chemicals 616.60
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