Godrej Industries board nods fundraising plan of Rs750cr via debt securities issue on private placement

The current market cap of the company is Rs18,643.36cr.

Sep 21, 2021 12:09 IST India Infoline News Service

Godrej Industries Ltd has informed that the Board of Directors of the Company on September 21, 2021 has approved the Placement Memorandum / Information Memorandum for issuance of upto 7,500  Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures having Face Value of Rs.10,00,000/- each, aggregating to Rs750cr on private placement basis.

At around 12:26 PM, Godrej Industries was trading at Rs552.05 apiece down by Rs1.85 or 0.33% from its previous closing of Rs553.90 apiece on the BSE.

The stocks touched a high and low of Rs560.65 apiece and Rs551 apiece respectively during early trading deals on Tuesday.

The current market cap of the company is Rs18,643.36cr.

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