| Godrej Industries has made a further investment of about Rs 370 crore in its wholly owned subsidiary, Godrej Investment Limited (GIVL), through a cash infusion. The company said the investment was made based on a valuation report and has been completed. GIVL will continue to remain a wholly owned subsidiary of Godrej Industries following the transaction. The investment is a related-party transaction as GIVL is a wholly owned subsidiary of the company. Godrej Industries said the transaction was carried out at arm's length. Incorporated on 5 January 2026, GIVL is an unregistered Core Investment Company. It holds equity shares of Godrej Capital and Godrej Wealth & Asset Management. The acquisition is within the overall investment limit approved by shareholders under Section 186 of the Companies Act, 2013, the company said. As of the date of the disclosure, GIVL had a paid-up share capital of Rs 42.10 lakh. The company reported total consolidated income of Rs 2,477.72 crore for the period from 5 January 2026 to 31 March 2026. The Godrej Industries Group serves more than 1.1 billion consumers globally through businesses spanning FMCG, real estate, financial services, agriculture and chemicals. It is a market leader in several Indian segments, including residential real estate, animal feed, crude palm oil, oleochemicals, household insecticides, hair colour and air care. On a consolidated basis, Godrej Industries' net profit surged 142.67% to Rs 444.28 crore while net sales rose 33.12% to Rs 7693.72 crore in Q4 March 2026 over Q4 March 2025. Shares of Godrej Industries rose 0.42% to settle at Rs 1158.15 on 25 June 2026. The Indian stock market is shut today, 26 June 2026 for Muharram. Powered by Capital Market - Live News |