Godrej Industries shines on raising Rs 1000 crore through NCDs
Godrej Industries is currently trading at Rs. 1152.55, up by 21.25 points or 1.88% from its previous closing of Rs. 1131.30 on the BSE.
The scrip opened at Rs. 1135.35 and has touched a high and low of Rs. 1167.00 and Rs. 1122.30 respectively. So far 27947 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1325.00 on 20-Aug-2025 and a 52 week low of Rs. 744.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1,167.00 and Rs. 1,045.90 respectively. The current market cap of the company is Rs. 39069.36 crore.
The promoters holding in the company stood at 74.64%, while Institutions and Non-Institutions held 7.95% and 17.41% respectively.
Godrej Industries has raised Rs 1000 crore through allotment of two series of rated, listed, unsecured, redeemable non-convertible debentures (NCDs) on private placement basis on June 24, 2026.
The Management Committee of the Board of Directors of the company has approved the allotment of 50,000 NCDs having face value of Rs 1,00,000 each (Series 1 Debentures). Additionally, the Management Committee has approved the allotment of 50,000 NCDs having face value of Rs 1,00,000 each (Series 2 Debentures).
The proceeds of the Issue are proposed to be used for business purposes, investments in body corporate(s), repayment/pre-payment of certain loans and for general corporate purposes.
