SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Godrej Industries inches up on getting nod for scheme of amalgamation

22 Mar 2013 Evaluate

Godrej Industries is currently trading at Rs. 291.05, up by 0.85 points or 0.29% from its previous closing of Rs. 290.20 on the BSE.

The scrip opened at Rs. 289.15 and has touched a high and low of Rs. 292.00 and Rs. 286.15 respectively. So far 19,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 331.95 on 09-Jan-2013 and a 52 week low of Rs. 221.00 on 19-Jun-2012.

Last one week high and low of the scrip stood at Rs. 301.65 and Rs. 282.35 respectively. The current market cap of the company is Rs. 9,754 crore.

The promoters holding in the company stood at 74.98% while Institutions and Non-Institutions held 14.15% and 10.87% respectively.

Godrej Industries has received an approval for Scheme of Amalgamation of Swadeshi Detergents with itself and their respective shareholders under sections 391 to 394 of the Companies Act, 1956. No shares are proposed to be issued pursuant to the Scheme since Swadeshi Detergents is a wholly owned subsidiary of Godrej Industries. The board at its meeting held on March 22, 2013 has approved for the same.

The Scheme is subject to approval of the High Court of Judicature at Bombay, and the shareholders and creditors, if any, of Swadeshi Detergents, as may be directed by the Hon’ble High Court of Judicature at Bombay. The merger being of a 100% subsidiary Company into Godrej Industries, a specific dispensation will be sought from the  High Court of Judicature at Bombay from filing the application / petition by Godrej Industries and accordingly, Godrej Industries will not be required to file a petition with any High Court.

Godrej Industries is part of the Godrej group, one of the leading business groups in India and is in the businesses of Oleo-chemicals, surfactants, finance & investments and estate management. It has substantial interests in several industries including property development, oil palm plantation, animal feeds and agro-products, poultry, personal care and household care etc., through its subsidiaries, associate companies and joint venture.

Godrej Industries Share Price

926.95 8.25 (0.90%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×