FilingReader Intelligence

Godrej Industries shareholders greenlight key investments and related party deals

September 29, 2025 at 07:07 PM UTCBy FilingReader AI

Godrej Industries Limited announced the results of its postal ballot, confirming the approval of three key resolutions by its shareholders. The resolutions, detailed in the postal ballot notice dated August 13, 2025, were deemed passed on September 27, 2025, with requisite majority.

Shareholders approved an investment of up to INR 4,000 Crore in Godrej FS Limited for the acquisition of Godrej Capital Limited. For this resolution, 99.89% of polled votes were in favor, with only 0.11% against. Additionally, a further investment of up to INR 1,000 Crore in Godrej FS Limited for its subsidiaries was approved, with 99.54% of polled votes in favor.

The third resolution, concerning material related party transactions with Godrej FS Limited and the divestment of equity stake in Godrej Capital Limited, also received shareholder approval, with 99.50% of polled votes in favor. The voting data, scrutinized by Puneet Motwani & Associates, reflects strong shareholder confidence in the company's strategic financial moves.

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

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