Godrej Industries sold a 0.50% stake in Godrej Consumer Products for ₹450.12 crore, reducing its holding in the FMCG subsidiary to 23.23%.

Stake sale details

The transaction involved a partial divestment by Godrej Industries in Godrej Consumer Products. The following table summarises the key details of the stake sale:

Godrej Industries offloaded the 0.50% stake in Godrej Consumer Products, one of India's leading FMCG companies, for a total consideration of ₹450.12 crore. Following the transaction, Godrej Industries' shareholding in Godrej Consumer Products now stands at 23.23%. The company confirmed that GCPL continues to remain an associate company.

Regulatory disclosures

The sale was executed through an open market sale on September 24, 2026, as intimated to BSE and NSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction does not fall under related party transactions or schemes of arrangement.

According to the disclosure annexure, Godrej Consumer Products contributed Nil to the consolidated turnover or income of Godrej Industries as on March 31, 2026. However, it accounted for 35.69% of the consolidated net worth, amounting to ₹3,989.08 crore, highlighting its significant weight on the parent company's balance sheet despite no direct revenue contribution.

Godrej Industries has completed the allotment of ₹750 crore in unsecured non-convertible debentures via private placement. The Management Committee approved the allotment on September 18, 2026, finalizing the issue previously approved in May.

The issuance consists of 75,000 rated, listed, unsecured, redeemable non-convertible debentures, each with a face value of ₹1,00,000. The instruments carry a coupon rate of 8.50% p.a., payable annually. The tenor is five years and six months, with maturity scheduled for March 18, 2032.

Issue Terms

Interest payments are due on September 20, 2027, followed by annual payments on September 18 from 2028 through 2031. The principal amount will be redeemed at par on the maturity date.

Use of Proceeds

The company stated that proceeds from the issue will be utilized for business purposes, investments in body corporates, repayment or pre-payment of certain loans, and general corporate purposes.

Regulatory Compliance

The disclosure complies with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021. This follows the Key Information Document approval on September 11, 2026, and earlier regulatory intimations from May and August 2026.

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