Godrej Industries approved the Key Information Document for issuing ₹750 crore in unsecured non-convertible debentures. The issuance will be executed on a private placement basis.

The Management Committee of the Board of Directors gave its approval on September 11, 2026. This action follows earlier regulatory disclosures, including a prior intimation submitted to stock exchanges on May 8, 2026.

Issue Details

The company plans to issue up to 75,000 rated, listed, unsecured, redeemable non-convertible debentures. Each instrument carries a face value of ₹1,00,000. The total aggregate amount is ₹750 crore.

Regulatory Compliance

The disclosure is made pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also aligns with the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

The approval builds on previous corporate actions:

• Prior intimation of the Board Meeting dated May 8, 2026
• Outcome of the Board Meeting dated May 15, 2026
• Voting results from the 38th Annual General Meeting submitted on August 14, 2026

Anupama Kamble, Company Secretary & Compliance Officer, signed the communication to BSE Limited and National Stock Exchange of India Limited.

Godrej Industries Group has signed a Memorandum of Understanding with the Government of Haryana for a future investment plan of approximately ₹20,000 crore. The agreement, finalized on August 24, 2026, is expected to create around 40,000 jobs.

Investment and employment highlights

The partnership reflects the group's growing presence in the state. Godrej Industries Group has already invested approximately ₹12,000 crore in Haryana to date and employs around 9,000 people across its businesses. The new MoU outlines plans to significantly expand this footprint.

Business-wise breakdown

Godrej Properties Ltd (GPL) is a key driver of these plans. Having invested approximately ₹11,000 crore in Haryana so far, GPL plans to invest a further ₹16,000 crore by FY28. This will take its total investment in the state to around ₹27,000 crore. The company currently has 18 projects across Gurugram, Sonipat, Faridabad, Panipat and Kurukshetra. Its future projects are expected to create more than 11,000 jobs.

Godrej Ventures, the group's real estate private equity business, has invested around ₹1,000 crore in Haryana. It plans to invest a further ₹3,500 crore in Grade A+ office infrastructure in Gurugram. These proposed investments are expected to generate more than 30,000 direct and indirect jobs.

Other group businesses also maintain a strong presence. Godrej Capital operates five branches in the state and has facilitated approximately ₹550 crore in bookings through its financing business. Godrej Consumer Products has a network of 42 direct distributors and more than 250 rural stockists across the state.

Leadership commentary

Pirojsha Godrej, Chairperson, Godrej Industries Group, stated that Haryana has emerged as an important growth driver for the group. He highlighted the depth of the state's economy and the emergence of Gurugram as a major commercial hub as key factors driving the investment decision.

Rakesh Swami, Group Head and President – Corporate Affairs, noted the ease of doing business in the state. He reaffirmed the group's confidence in Haryana as a long-term investment destination with opportunities spanning residential and commercial development.

Community initiatives

Alongside business investments, the group contributes to community development. It spends approximately ₹1 crore annually on CSR initiatives and more than ₹10 crore on infrastructure-level initiatives in the state. These efforts include supporting construction workers and restoring public spaces in Karnal and Kurukshetra.