Board Approves ₹1,000 Crore NCD Allotment
The Management Committee approved the allotment of:
- 1,00,000 Non-Convertible Debentures (NCDs)
- Face Value: ₹1,00,000 per debenture
- Total Issue Size: ₹1,000 crore
- Mode of Issue: Private Placement
- Listing: National Stock Exchange of India (NSE)
The issuance forms part of the company’s capital-raising strategy to support future business requirements.
Structure of the NCD Issue
The debenture issue has been divided into two equal series.
| Particulars | Series 1 | Series 2 |
|---|---|---|
| Number of NCDs | 50,000 | 50,000 |
| Face Value | ₹1,00,000 | ₹1,00,000 |
| Coupon Rate | 8.23% p.a. | 8.23% p.a. |
| Tenor | 63 Months | 66 Months |
| Maturity Date | September 24, 2031 | December 24, 2031 |
Both series carry an annual coupon payment schedule.
Coupon Payment Schedule
The NCDs offer a fixed coupon rate of 8.23% per annum.
Key payment features include:
- Annual interest payment
- Coupon payment date: June 24 every year
- Final coupon payable along with principal redemption on maturity
Utilisation of Funds
According to the company, proceeds from the ₹1,000 crore issue will be utilised for:
- Business operations
- Investments in corporate entities
- Repayment or prepayment of existing borrowings
- General corporate purposes
The NCDs are unsecured and do not carry any special rights or privileges.
Regulatory Compliance
The issuance has been completed in accordance with applicable SEBI regulations, including:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021
The company disclosed the allotment through a regulatory filing after receiving approval from the Management Committee.
Godrej Industries Share Price Performance
As of 2:31 PM on June 24, 2026, Godrej Industries shares were trading at:
- Share Price: ₹1,160.60
- Day’s Gain: +2.61%
The stock witnessed positive investor sentiment following the successful completion of the debt fundraising exercise.
Key Highlights
- Issue Size: ₹1,000 crore
- Total NCDs Allotted: 1,00,000
- Face Value: ₹1,00,000 per debenture
- Coupon Rate: 8.23% per annum
- Tenors: 63 months and 66 months
- Listing: NSE
- Issue Type: Rated, listed, unsecured, redeemable NCDs through private placement
Conclusion
Godrej Industries has successfully raised ₹1,000 crore through the private placement of listed Non-Convertible Debentures, strengthening its funding position for business expansion, investments, and debt management. The fixed coupon rate of 8.23% and staggered maturities provide a structured borrowing profile, while the positive market reaction reflects investor confidence in the company’s capital management strategy.
Summary
Godrej Industries Limited announced the allotment of ₹1,000 crore worth of Non-Convertible Debentures (NCDs) after the Management Committee of its Board of Directors approved the issuance on June 24, 2026. The company allotted 1,00,000 rated, listed, unsecured, redeemable, non-convertible debentures through a private placement. Following the announcement, Godrej Industries’ share price gained over 2% during intraday trading.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
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