Godrej Industries Ltd Allots ₹100 Crores Each in Two Series of Unsecured Non-Convertible Debentures
Godrej Industries Limited has announced the allotment of two series of unsecured, redeemable, and non-convertible debentures (NCDs). The Issue, conducted via private placement, involves a total issue size of ₹500 crore across both series.The Management Committee of the Board of Directors approved the allotment on June 24, 2026. The debentures are being issued to investors and are intended for business purposes, investments in body corporate(s), repayment or pre-payment of certain loans, and general corporate needs.
Details of Non-Convertible Debentures (NCD) Allotment
The Company has introduced two distinct series of NCDs, both bearing a face value of ₹1,00,000/- each and being listed on the National Stock Exchange of India Limited (NSE).Details regarding the debenture issuance are provided in the tables below:
Debt Instrument Overview
| Feature | Series 1 Debentures | Series 2 Debentures |
|---|---|---|
| Issuer | Godrej Industries Limited | Godrej Industries Limited |
| Instrument Type | Rated, Listed, Unsecured, Redeemable, Non-Convertible Debenture | Rated, Listed, Unsecured, Redeemable, Non-Convertible Debenture |
| Issuance Type | Private Placement | Private Placement |
| Total Amount Issued | ₹ 5,00,00,00,000/- | ₹ 5,00,00,00,000/- |
Financial and Tenure Details
The two series of debentures differ in their tenor and maturity dates.| Feature | Series 1 Debentures | Series 2 Debentures |
|---|---|---|
| Total Number of Securities | 50,000 | 50,000 |
| Tenor | 63 Months | 66 Months |
| Deemed Date of Allotment | June 24, 2026 | June 24, 2026 |
| Date of Maturity | September 24, 2031 | December 24, 2031 |
| Coupon Offered | 8.23% p.a. (payable annually) | 8.23% p.a. (payable annually) |
| Security | Unsecured | Unsecured |
Payment Schedule and Redemption
The payment schedule for both Series 1 and Series 2 NCDs has been detailed, with principal repayment set at the face value of ₹1,00,000/- per NCD.Series 1 Debentures have a maturity date of September 24, 2031, with coupon payments scheduled annually starting June 24, 2027. Series 2 Debentures are due for redemption on December 24, 2031, and also carry an annual coupon rate of 8.23%. Both debenture series were issued as unsecured instruments.
GODREJIND Stock Price Movement
Godrej Industries Limited shares surge as of 1:43 PM, trading at ₹1161.6 after climbing by ₹30.50 or 2.7%. The equity sees a volume of 183,268 shares in the live market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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