Godrej Industries approves KID for ₹1,000 Cr NCDs on private placement

Godrej Industries has approved the Key Information Document (KID) for issuing up to 1,00,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) aggregating to ₹1,000 Cr on a private placement basis. This strategic move allows the company to raise long-term capital through the debt market, split equally between two series of debentures to diversify its borrowing profile.

Issuance Structure

The Management Committee of the Board of Directors approved the issuance on June 18, 2026. The debentures have a face value of ₹1,00,000 each and are divided into two specific series:

Parameter	Details
Instrument Type	Rated Listed Unsecured Redeemable Non-Convertible Debentures
Total Aggregate Amount	Up to ₹1,000 Cr
Face Value per Debenture	₹1,00,000
Total Number of Debentures	Up to 1,00,000 (One Lakh)
Issuance Basis	Private Placement
Approving Authority	Management Committee of the Board of Directors

Series Breakdown

The total issuance is divided into two distinct series, with each series aggregating to ₹500 Cr:

Series 1 Debentures: 50,000 debentures aggregating to ₹5,00,00,00,000 (₹500 Cr).
Series 2 Debentures: 50,000 debentures aggregating to ₹5,00,00,00,000 (₹500 Cr).

The approval follows prior intimations regarding a board meeting on May 8, 2025, and the subsequent outcome on May 15, 2025. The company stated that the issuance complies with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.11%	+10.23%	-3.79%	+10.12%	-17.49%	+106.90%

Godrej Industries Limited confirmed that none of its promoters or promoter group members, along with persons acting in concert, have made any encumbrance on their shareholding during FY26. The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited on April 8, 2026, in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Nadir Godrej, a promoter of Godrej Industries , confirmed the compliance on behalf of all promoters and persons acting in concert. The filing clarifies that while no new encumbrances were created in FY26, certain transfer restrictions established in previous financial years remain in effect.

Historical Encumbrances

The company detailed existing encumbrances dating back to FY20. Transfer restrictions were created on March 26, 2020, in favor of Mr. Nadir Godrej pursuant to a Shareholders’ Agreement. These restrictions apply to specific promoter group members, with voting rights vested in Mr. Nadir Godrej.

Sr. No.	Name of Member of Promoter Group and % of shares encumbered	Details of the encumbrance	Date of disclosure to exchanges
1.	Mr. Burjis Godrej (1.69%)	Transfer restrictions pursuant to Shareholders' Agreement dated March 26, 2020, created on March 26, 2020 in favor of Mr. Nadir Godrej, Promoter of the Company.	March 26, 2020 and September 28, 2020
2.	Mr. Sohrab Godrej (1.57%)
3.	Mr. Hormazd Godrej (0.51%)

Share Transfers and Voting Rights

During FY21, Mr. Hormazd Godrej acquired 90,000 Equity Shares (0.03%) from Mr. Burjis Godrej and 2,70,000 Equity Shares (0.08%) from Mr. Sohrab Godrej. The voting rights for these shares remain vested with Mr. Nadir Godrej under the terms of the Shareholders’ Agreement dated March 26, 2020. The shares acquired by Mr. Hormazd Godrej are subject to the same transfer restrictions.

Requisite disclosures under Regulation 31(2) were made by Mr. Burjis Godrej and Mr. Sohrab Godrej for the release of encumbrance on the transferred shares. Disclosures under Regulation 31(1) were made by Mr. Hormazd Godrej for the creation of encumbrance on the acquired shares. There has been no change in these encumbrances since FY21.