Godrej Industries has allotted 1,00,000 Rated, Listed, Unsecured, Redeemable Non-Convertible Debentures (NCDs) aggregating to ₹1,000 Cr on a private placement basis. The issuance is split equally between two series, each carrying a coupon rate of 8.23% per annum payable annually, to diversify the company's borrowing profile and raise capital for general corporate purposes.

Issuance Structure

The Management Committee of the Board of Directors approved the allotment on June 24, 2026. The debentures carry a face value of ₹1,00,000 each. The following table summarises the key parameters of the issuance:

Series Breakdown and Maturity Details

The total issuance is divided into two distinct series, each aggregating to ₹500 Cr, with specific tenors and maturity dates:

The proceeds of the issue are proposed to be used for business purposes, investments in body corporate(s), repayment or pre-payment of certain loans, and for general corporate purposes. 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.

Godrej Industries Limited has secured shareholder approval to appoint Mr. Suraj Godrej as a Non-Executive Non-Independent Director following a postal ballot process. The resolution was passed with the requisite majority on June 22, 2026, as detailed in the scrutinizer's report submitted to the stock exchanges. The appointment received overwhelming support, with 99.98% of the total votes polled cast in favour of the resolution.

The voting process, conducted in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, commenced on May 24, 2026, and concluded on June 22, 2026. Mr. Sachin Manseta, Practicing Company Secretary, served as the scrutinizer for the e-voting and postal ballot process, ensuring the proceedings were conducted fairly and transparently.

A total of 317,156,768 votes were polled, representing 94.17% of the total outstanding shares. The resolution passed with 317,098,486 votes in favour and 58,282 votes against. Promoters and the promoter group cast 251,376,212 votes, all in favour of the appointment, while public institutions and non-institutional shareholders also supported the resolution with significant majorities.

Voting Results Summary

The record date for determining the eligibility of shareholders to participate in the voting process was May 15, 2026. The company disclosed that the notice for the postal ballot was dispatched to all equity shareholders on May 19, 2026. The results of the voting have been uploaded to the company's website.