Godrej Industries (GIL) has made further investment in Godrej Capital, its subsidiary on February 29, 2024. Consequently, the company now holds 89.48% 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 284.73 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.