Acquisitions28 Jan 2026, 09:32 pm
Godrej Industries Completes Investment in Subsidiary, Divests Stake in Godrej Capital
AI Summary
Godrej Industries Ltd. has completed a further investment in its wholly owned subsidiary, Godrej Investment Limited (GINVL), and has divested its entire equity stake held in Godrej Capital Limited (GCL) to GINVL. This move has resulted in GCL becoming a step-down subsidiary of Godrej Industries, with GINVL being the immediate holding company. The total consideration for the acquisition of GINVL is INR 3,862,69,28,016. GCL, a Non-Banking Finance Company, contributed 7.90% to the company's turnover/revenue/income and 32.71% to the net worth in the last financial year.
Key Highlights
- Godrej Industries has completed a further investment in its wholly owned subsidiary, Godrej Investment Limited (GINVL)
- The company has divested its entire equity stake held in Godrej Capital Limited (GCL) to GINVL
- GCL has become a step-down subsidiary of Godrej Industries, with GINVL being the immediate holding company
- The total consideration for the acquisition of GINVL is INR 3,862,69,28,016
- GCL contributed 7.90% to the company's turnover/revenue/income and 32.71% to the net worth in the last financial year