FilingReader Intelligence

Godrej Industries increases stake in Godrej Capital to 90.89%

June 30, 2025 at 07:11 PM UTCBy FilingReader AI

Godrej Industries Limited (GIL) announced it has increased its stake in its subsidiary, Godrej Capital Limited (GCL), to 90.89%. This follows an update submitted under Regulation 30 on February 29, 2024. GIL acquired 15,422 fully paid-up equity shares of GCL via a rights issue, investing approximately INR 285 Crore. GCL’s total paid-up share capital stands at INR 40,45,250. The investment is within limits previously approved by shareholders under the Companies Act, 2013. GCL's consolidated income for the financial year ending March 31, 2025, was INR 1620.20 Crore. GCL, a Core Investment Company, holds equity shares in Godrej Housing Finance Limited and Godrej Finance Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:GODREJINDBombay Stock Exchange

News Alerts

Get instant email alerts when Godrej Industries publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →