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Godrej industries acquires additional 14% stake in Godrej One Premises Management

09 May 2024 Evaluate

Godrej industries (GIL) has acquired additional 14% Equity stake in Godrej One Premises Management (GOPMPL), subsidiary of the company on May 8, 2024 from Godrej & Boyce Manufacturing Company, Promoter of the Company. Pursuant to the acquisition, there is a change in the direct shareholding of GIL in GOPMPL which stood at 14% and has now increased to 28%. GIL has purchased 1,400 Equity Shares of Face Value of Rs 10 each at par for a consideration aggregating to Rs 14,000. 

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 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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