Godrej Industries Ltd Acquires Additional 1.41% Stake in Subsidiary Godrej Capital Ltd for ~Rs.285 Crore

Godrej Industries Ltd (GIL) has acquired an additional 1.41% stake in its subsidiary, Godrej Capital Ltd (GCL), for a total consideration of approximately Rs.285 Crore. This brings GIL's total holding in GCL to 90.89%. GCL is a Core Investment Company that holds equity shares in Godrej Housing Finance Limited and Godrej Finance Limited. The acquisition is within the overall limit approved by the shareholders of the company for making investments in GCL under Section 186 of the Companies Act, 2013. GCL's total consolidated income for the financial year ended March 31, 2025, was Rs. 1620.20 Crore.