
Sale24 Sept 2026, 09:56 pm
Godrej Industries Sells 0.50% Stake in GCPL for ₹450.12 Cr
AI Summary
Godrej Industries Ltd has sold 0.50% of its equity stake in its associate company, Godrej Consumer Products Limited (GCPL), through an open market sale for ₹450.12 Crore. Following this transaction, Godrej Industries continues to hold a 23.23% equity share capital in GCPL, maintaining its status as an associate company. The filing also details that GCPL's contribution to Godrej Industries' consolidated turnover/income/revenue for the last financial year was nil, but it contributed 35.69% to the consolidated net worth, amounting to ₹3989.08 Crore as of March 31, 2026.
Key Highlights
- Godrej Industries divested 0.50% stake in GCPL.
- Sale consideration amounted to ₹450.12 Crore.
- Post-sale, Godrej Industries retains 23.23% stake in GCPL.
- GCPL contributed 35.69% to consolidated net worth as of March 31, 2026.
Price Impact
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