Godrej Industries invests Rs 370 crore in wholly owned subsidiary Godrej Investment
Mumbai, June 26 -- Godrej Industries has made a further investment of about Rs 370 crore in its wholly owned subsidiary, Godrej Investment Limited (GIVL), through a cash infusion.
The company said the investment was made based on a valuation report and has been completed. GIVL will continue to remain a wholly owned subsidiary of Godrej Industries following the transaction.
The investment is a related-party transaction as GIVL is a wholly owned subsidiary of the company. Godrej Industries said the transaction was carried out at arm's length.
Incorporated on 5 January 2026, GIVL is an unregistered Core Investment Company. It holds equity shares of Godrej Capital and Godrej Wealth & Asset Management.
The acquisition is within the overall...
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