Godrej Industries Ltd
NSE: GODREJIND BSE: 500164
₹993.05
(-3.62%)
Wed, 04 Mar 2026, 09:41 am
Market Cap332.73B
PE Ratio34.16
Dividend0
Process Industries
Agricultural Commodities/Milling
24.5KCompany History
1988
- Soaps Ltd. incorporated on March 7; obtained Certificate of Commencement on March 24.
- Promoted by Godrej Group and GIIC; to manufacture alpha olefins, precursors, derivatives.
- Planned 35,000 tonnes pa project with industrial licence.
- Entered technical collaboration with Lurgi GmbH for technology, know-how.
- Agreement with Godrej Soaps for know-how on AO from fatty alcohols.
1989
- Issued 2,18,00,000 shares at par; allotments to promoters, GIIC, NRIs; retained oversubscription.
- Allotted 1,20,75,000 equity shares on conversion of Part A debentures on Feb 15, 1990.
1990
- Issued 21,00,000 12.5% partly convertible debentures of Rs 150; preferential allotments and public offer; additional to retain oversubscription.
- Debentures structured with Parts A, B, C for conversion and redemption.
- Issued 12,10,000 14% secured non-convertible debentures of Rs 100; most devolved on underwriters.
1993
- Offered 236,14,385 rights equity shares at Rs 14 premium (1:2); 153,05,942 taken up; issued 11,80,719 to employees.
- Launched 'Godrej Ganga' soap.
- Issued 77,50,000 equity shares at Rs 130 premium.
- Proposed 74% investment in Godrej Oil Palm Konkan Ltd.
- Proposed wholly owned subsidiary Godrej International Ltd.
- Godrej Agrovet Limited became subsidiary; Ensemble Holdings & Finance Ltd. also subsidiary.
1994
- Gujarat Soaps Ltd. amalgamated with Gujarat Godrej Innovative Chemicals Ltd.; name changed to GSL.
- Issued shares to GSL shareholders 1:1, consolidated to 70,84,433 shares; cancelled 3,18,080 shares of Godrej Soaps.
- Introduced 'Cinthol fresh' variant.
- Acquired major shareholding in TDPL.
- Named Malanpur factory 'Burjorjinagar'.
- Launched products with P&G including 'Camay' variants.
- Relaunched Godrej Shaving Cream and Cinthol Talcum Powder variants.
1995
- Installed new toilet soap finishing lines at Vikhroli and Malanpur; fatty acid distillation plant at Vikhroli.
- Entered JV and technical assistance with Siat S.A. for oil palm plantations in Andhra Pradesh.
- Entered agreement with Sara Lee for equity participation in Transelektra.
- Issued 1,99,42,927 bonus equity shares in 1:2 proportion; issued preference shares.
1996
- Invested in Godrej Pillsbury Pvt Ltd.
1997
- Set up Silvassa factory for hair dye; commenced production in November.
- Launched Doodh Ganga soap.
- Godrej Agrovet became wholly owned subsidiary.
1998
- Introduced 'Cinthol Ultimate' and 'Cinthol Scent Fresh'; relaunched Cinthol International.
- Entered process for agreement with National Securities Depository Ltd.
- Awarded CHEMEXIL Export Award.
- Entered joint venture with Procter & Gamble.
1999
- 'Ganga' relaunched with new ad campaign.
- Operated 'Gold Rush' scheme on Cinthol variants.
- Set up Godrej Hair Care Institute.
- Launched 'colour soft' hair colour in three shades.
- Launched Fair Glow soap.
2000
- Entered profit-sharing agreement with employees as part of restructuring.
- Set up dedicated hair care institute at Vikhroli, Mumbai.
- Launched Godrej Nikhar.
- Aimed to increase stake beyond 26% in Godrej Pillsbury Ltd.
- Mr. Adi Godrej elected Chairman.
- Launched FairGlow Fairness Cream in Chennai.
- Launched 'Godrej Bargainz' online sales promotion.
- Proposed splitting business into two entities and divesting stake in Godrej Sara Lee Ltd.
- Godrej Hair Care Institute launched Godrej Colour Gloss Shampoo.
- Launched 'FairGlow Express' train with Western Railways.
- Launched Godrej Kesh Kala oil-based hair dye.
- Sponsored Singapore Challenge Cup on Set MAX Television.
- Launched new shade in Colour Soft hair dye range.
- Rolled out therapeutic soap Allcare.
- Tied up with Stern Stewart & Company for EVA framework.
- Proposed hiving off consumer products to Godrej Consumer Products.
- Set up committee for rural market distribution improvement.
2001
- Godrej Agrovet entered JV with Hindustan Lever to acquire 74% in Goldmohur Goods & Feeds.
- Shareholders approved demerger of consumer products division to Godrej Consumer Products Ltd.
- Acquired brands for soaps, chemicals, cosmetics from Godrej & Boyce.
- Launched Godrej Fairglow fairness cream sachets in multiple states.
- Changed name to Godrej Industries Ltd. after demerger on April 1; inducted three new directors.
- Shareholders approved demerger of Godrej Foods manufacturing division.
- Acquired Girikandra Holiday Homes & Resorts Pvt Ltd.
2002
- High Court approved demerger of Godrej Foods manufacturing division into Godrej Industries.
- Board approved purchase and cancellation of equity shares.
- Tied up with Karnataka Milk Federation for 'Nandini' ghee marketing.
- Delhi High Court ordered stop to displaying Parele products references.
- Board approved sale of Mysore unit.
- Completed purchase of shares under scheme of arrangement.
- Appointed Visty Banaji as Human Resource Head.
2003
- Mr. C K Vaidya resigned as Executive Director.
- Withdrew unbranded edible oil from market.
- Acquired 4.73% of Godrej Consumer Products Ltd. share capital.
- Introduced 'Sunshakti' brand edible oils in Maharashtra and Karnataka.
- Godrej & Boyce sold 10,00,000 equity shares to other promoters on Dec 2.
2004
- Received notice from GCPL for termination of processing agreement effective April 1.
- Launched 'Sofit'.
- Equity shares delisted from Delhi Stock Exchange.
- Partnered with Avestha Gengraine.
2005
- Picked up US BPO firm.
- Introduced new breakfast cereal under Sofit brand.
- Picked up 4% stake each in Boston Analytics LLC and Verson LLC.
2006
- Signed deal with Godrej Tea for transfer of foods business.
- Godrej Agrovet signed MoU with IJM Plantations Berhad.
- Targeted Rs 1,000 cr turnover with Nutrine deal.
- Split face value of shares from Rs 6 to Re 1.
2007
- Planned re-entry into detergent business.
- Planned niche positioning with Nature's Basket.
2008
- Planned Rs 360 cr investment in FMCG arm.
- Signed agreement with RFCL Ltd to transfer Medical Diagnostics business effective Dec 31, 2007.
2009
- Entered agreement with IIT-B on 'Ten Great Ideas to change the world in the next 50 years'.
2010
- Planned Rs 300 cr investment in chem and agri sectors.
- Eyed entry into chocolate business with Hershey.
- Planned new plant in Maharashtra at Rs 230 cr.
2011
- Godrej group brand value reported at nearly $3 billion.
- Compensation Committee approved 17,703 Stock Grants under ESGS 2011.
2012
- Divested 43% stake in Godrej Hershey Limited to Hershey Company.
- Adi Godrej succeeded as President of CII for 2012-13.
- Mr. V. Srinivasan stepped down as Company Secretary effective April 1.
2013
- To merge Swadeshi Detergents with itself.
- Acquired 10 lakh shares of GCPL for Rs 87 cr.
- Board recommended final dividend of Rs. 1.75 per equity share.
2014
- Scheme of amalgamation of Wadala Commodities Limited with Godrej Industries Limited.
- Board recommended final dividend of Rs. 1.75 per equity share.
2015
- Introduced portable safety device Goldilocks.
- Godrej Properties launched flagship project.
2016
- Acquired 51% stake in India Circus.
- Godrej Aer launched 'Rich Irish' variant.
2017
- Acquired 2.87% additional equity stake in Godrej Agrovet Limited.
2018
- Amalgamation of Vora Soaps Limited with Godrej Industries Limited.
2019
- Godrej Interio launched research study 'Harness the Power of Social Capital'.
2021
- Completed acquisition of shares of Pyxis Holdings Limited.
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