Godrej Industries Limited announced that the Management Committee of the Board of Directors of the Company (“Committee”) approved the allotment of 1,00,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) on June 24, 2026.
These debentures, issued on a private placement basis, have a face value of ₹1,00,000 each, aggregating to a total of ₹1,000 crore.
The allotment comprises 50,000 NCDs in Series 1 and 50,000 NCDs in Series 2. Both series are listed on the National Stock Exchange of India Limited (NSE). The Series 1 debentures have a tenor of 63 months, maturing on September 24, 2031, while the Series 2 debentures have a tenor of 66 months, maturing on December 24, 2031.
The coupon rate offered for both series is 8.23% per annum, payable annually. The schedule for coupon payments is set for June 24 each year, with the final payment coinciding with the redemption date.
The proceeds from this issuance are intended for business purposes, investments in corporate bodies, repayment or prepayment of certain loans, and general corporate purposes. The debentures are unsecured, with no special rights or privileges attached to them.
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The allotment was approved by the Management Committee of the Board of Directors of Godrej Industries on June 24, 2026. This decision follows the guidelines set by the Securities and Exchange Board of India (SEBI) under the Listing Obligations and Disclosure Requirements Regulations, 2015, and the Issue and Listing of Non-Convertible Securities Regulations, 2021.
As of June 24, 2026, at 2:31 PM, Godrej Industries share price on NSE was trading at ₹1,160.60, up by 2.61% from the previous closing price.
Godrej Industries has successfully allotted 1,00,000 non-convertible debentures worth ₹1,000 crore. The debentures, divided into Series 1 and Series 2, offer an 8.23% annual coupon rate, with maturities set for September 24, 2031, and December 24, 2031, respectively.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 24, 2026, 2:46 PM IST
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