Godrej Industries Limited — Others, 25-08-2025: Shareholders meeting
25-08-2025 | 06:07 pm
25-08-2025 | 06:07 pm
Godrej Industries is holding a postal ballot for shareholders to approve key strategic initiatives in financial services. The company plans to invest up to `4,000 Cr` in a new wholly-owned subsidiary, Godrej FS Limited (GFSL), which will then acquire GIL's full stake in Godrej Capital Limited. An additional `1,000 Cr` will be invested in GFSL, bringing the total to `5,000 Cr`, enabling GFSL to further invest in its subsidiaries and incubate a wealth management business. This move aims to diversify and expand GIL's presence in the high-potential financial sector.
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