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Godrej Industries make further investment in Godrej Capital; Stock climbs ~2%

17 Mar 2022 , 03:05 PM

Godrej Industries Limited (GIL)has made further investment in Godrej Capital Limited (GCL), its subsidiary on March 16, 2022. GIL has acquired 12,657 fully paid up Equity Shares of face value of Rs10/- each of GCL. Consequently, the Company now holds 87.11% of the total paid up share capital of Godrej Capital Limited.

“GCL is an investment holding company which holds Godrej Housing Finance Limited and Godrej Finance Limited (formerly known as Ensemble Holdings and Finance Limited),” company said in a filing on Wednesday.

In the last half hour of trade on Thursday, Godrej Industries Ltd was trading at Rs498.55 per piece up by Rs9.15 or 1.87% from its previous closing of Rs489.40 per piece on the BSE.

The scrip opened at Rs499 and has touched a high and low of Rs510.70 and Rs496.55 respectively.

Related Tags

  • equity shares
  • GCL
  • GIL
  • Godrej Capital
  • Godrej Industries Limited
  • Godrej Industries News
  • Godrej Industries share price
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