- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Godrej Industries allotted 1 lakh rated, listed, unsecured, redeemable NCDs via private placement, split into two series of 50,000 NCDs each at ₹1 lakh face value, raising ₹1,000 Cr in total. Series 1 has a 4-year tenor with a 7.54% coupon; Series 2 is 5 years at 7.59%. Funds will support business needs, investments, and loan repayments. This large debt raising strengthens the company’s financial flexibility without affecting promoter holding.