Godrej Industries has raised Rs 800 crore through allotment of NCDs on private placement basis. The Management Committee of the Board of Directors of the company has approved the allotment of 40,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCD) having face value of Rs 1 lakh each, aggregating to Rs 400 crore. (Series 1 Debenture)
Additionally, the Management Committee has approved the allotment of 40,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures having face value of Rs 1 lakh each, aggregating to Rs 400 crore. (Series 2 Debentures)
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.
