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An announcement from Godrej Industries Limited ( (IN:GODREJIND) ) is now available.
Godrej Industries Limited has further invested in its wholly owned subsidiary, Godrej Investment Limited, and has completed the divestment and transfer of its entire equity stake in Godrej Capital Limited to this investment arm. As a result, Godrej Capital has shifted from being a direct material unlisted subsidiary of Godrej Industries to a step-down subsidiary, with Godrej Investment Limited becoming its immediate parent. The restructuring consolidates the group’s financial services interests under a dedicated investment subsidiary, potentially streamlining governance, improving capital allocation, and providing a clearer corporate structure for stakeholders while Godrej Investment Limited remains fully owned by the listed parent.
More about Godrej Industries Limited
Godrej Industries Limited is part of the diversified Godrej Group, with interests spanning consumer goods, real estate, agriculture, chemicals, and financial services. Listed in India, the company operates through multiple subsidiaries and uses a holding company structure to manage and grow its portfolio of businesses, including investments in financial services platforms such as Godrej Capital Limited.
Average Trading Volume: 188,000
Technical Sentiment Signal: Hold
Current Market Cap: 327.8B INR
For an in-depth examination of GODREJIND stock, go to TipRanks’ Overview page.