GCPL infuses Rs 200-cr in Godrej Pet Care via right issue
Mumbai, July 23 -- Godrej Pet Care, a wholly owned subsidiary of GCPL, is engaged in the business of pet food products. The company reported revenue of Rs 2.22 crore for the financial year ended FY26.
The investment is aimed at strengthening the company's presence in the rapidly expanding pet care segment, which it considers a strategic growth area.
The company stated that the transaction was undertaken with a related party, being its wholly owned subsidiary, and was executed on an arm's length basis.
As part of the transaction, GCPL subscribed to 1,61,29,032 fully paid-up equity shares of face value Rs 10 each at a premium of Rs 114 per share, aggregating to Rs 200 crore. Following the investment, Godrej Consumer Products continues to...
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