Godrej Industries allots ₹80 bn in rated debentures

Godrej Industries Limited announced the allotment of 80,000 rated, listed, unsecured, redeemable, non-convertible debentures on a private placement basis, totaling ₹8,00,00,00,000. This issuance, approved by the board's management committee on September 22, 2025, comprises two series, each valued at ₹4,00,00,00,000. Each debenture carries a face value of ₹1,00,000.

Series 1 debentures, totaling 40,000 units, have a tenor of 63 months and will mature on December 20, 2030, with interest and principal payments scheduled on September 22, 2026, September 22, 2027, September 22, 2028, and September 24, 2029. Series 2, also comprising 40,000 units, has a tenor of 66 months, maturing on March 21, 2031, with similar payment dates. Both series offer a coupon rate of 7.89% p.a. payable annually.

The proceeds from this issue are earmarked for general corporate purposes, including business operations, investments in body corporate(s), and the repayment or pre-payment of certain loans. Both series of debentures are listed on the National Stock Exchange of India Limited (NSE) and are unsecured.