Key Event Details

The Management Committee of the Board of Directors approved the allotment of Non-Convertible Debentures (NCDs) on June 24, 2026.

Series 1 Debentures

  • Quantity Allotted: 50,000 Debentures
  • Face Value: ₹1,00,000 per Debenture
  • Total Issue Size: ₹5,00,00,00,000 (₹500 Crore)
  • Tenor: 63 Months
  • Deemed Date of Allotment: June 24, 2026
  • Date of Maturity: September 24, 2031
  • Coupon Rate: 8.23% per annum, payable annually
  • Interest Payment Dates: June 24, 2027; June 26, 2028; June 25, 2029; June 24, 2030; June 24, 2031
  • Principal Repayment Date: September 24, 2031
  • Redemption Price: ₹1,00,000 per NCD

Series 2 Debentures

  • Quantity Allotted: 50,000 Debentures
  • Face Value: ₹1,00,000 per Debenture
  • Total Issue Size: ₹5,00,00,00,000 (₹500 Crore)
  • Tenor: 66 Months
  • Deemed Date of Allotment: June 24, 2026
  • Date of Maturity: December 24, 2031
  • Coupon Rate: 8.23% per annum, payable annually
  • Interest Payment Dates: June 24, 2027; June 26, 2028; June 25, 2029; June 24, 2030; June 24, 2031
  • Principal Repayment Date: December 24, 2031
  • Redemption Price: ₹1,00,000 per NCD

Common Terms for Both Series

  • Issuer: Godrej Industries Limited
  • Instrument Type: Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures
  • Type of Issuance: Private Placement
  • Listing: National Stock Exchange of India Limited (NSE)
  • Security: Unsecured
  • Special Rights/Privileges: Nil
  • Delay in Payment Provisions: Not Applicable
  • Default History/Comments: Not Applicable

Use of Proceeds

The proceeds from the Issue are proposed to be used for:

  • Business purposes
  • Investments in body corporate(s)
  • Repayment/pre-payment of certain loans
  • General corporate purposes