Mumbai: Godrej Industries Ltd (GIL) on Tuesday said it has completed a major internal restructuring of its financial services business, involving a fresh capital infusion into Godrej Investment Ltd and the transfer of its entire equity stake in Godrej Capital Ltd to the newly incorporated subsidiary.
In a regulatory filing, the company said it has made a further investment of ₹3,862.69 crore in Godrej Investment Ltd (GINVL), which was incorporated earlier this month as a wholly owned subsidiary. The investment was made through a rights issue, with Godrej Industries fully subscribing to the shares.
Simultaneously, Godrej Industries has divested and transferred its entire equity holding in Godrej Capital Ltd (GCL) to Godrej Investment Ltd on January 28, 2026. As a result, Godrej Capital has ceased to be a direct subsidiary of Godrej Industries and has become a step-down subsidiary, with Godrej Investment acting as the immediate holding company.
Godrej Capital is a core investment company (NBFC-CIC) and, for the financial year ended March 31, 2025, contributed ₹1,553.8 crore in income, accounting for 7.9% of the group’s consolidated revenue, while its net worth stood at ₹3,321 crore, or 32.7% of consolidated net worth.
The transactions are related-party in nature but have been carried out at arm’s length, the company said, adding that all necessary approvals under applicable laws have been obtained.
The move is seen as part of the group’s efforts to create a dedicated holding structure for its financial services businesses, allowing sharper capital allocation and clearer governance.