It has significant interests in consumer goods, real estate, agriculture and gourmet retail through the subsidiary and associate companies, across 18 countries. During the year 2006-07 additional fractionation column was installed in existing Fatty Acid Fractionation plant at Valia for the production of Lauric Acid. During the year Godrej Hicare Ltd which is a service company in the Pest Management Business became a subsidiary of the company. The company owns 23.8% stake (as on 31 March 2018) in Godrej Consumer Products which an FMCG company. The family's presence in business began in Bombay in 1897, when Ardeshir Godrej, after reading a newspaper article about rising citywide crime rates, began developing and selling locks, with the assistance of his brother Pirojsha. Your Reason has been Reported to the admin. Updated: 27 Mar 2017, 10:08 PM IST PTI. Godrej Industries is a holding company of the Godrej Group. Download The Economic Times News App to get Daily Market Updates & Live Business News. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Incidentally, unlike its peers Dabur, Marico and Britannia, it is not part of the F&O segment. Godrej One is the first phase of the Joint development project 'The Trees' between the company and Godrej Properties Limited a subsidiary of the company.The Securities Issuance Committee of the Board of Directors of Godrej Industries by a resolution dated 27 July 2012 allotted 1.72 crore equity shares to successful applicants at an issue price of Rs 215 per equity share aggregating to Rs 370.51 crore under the institutional placement programme.The Board of Directors of Godrej Industries at its meeting held on 11 August 2012 accorded its consent for further investment of a sum of up to Rs 150 crore in Godrej Consumer Products Limited and up to Rs 100 crore in Godrej Properties Limited. Godrej Industries Ltd. is an Indian Manufacturer of oleochemicals for use in over various industries. It was founded by Adi Godrej and Pirojsha Burjorji Godrej in 1897, and operates in sectors as diverse as real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products. The chemical division's manufacturing facilities are located at Valia in Gujarat and Ambernath in Maharashtra.Godrej Industries (GIL) has significant interest in consumer goods real estate agriculture and gourmet retail through subsidiary and associate companies across 18 countries. Log in to our website to save your bookmarks. Enjoy Reading! 115 Godrej Industries is trading at a relative discount to its subsidiaries. The capital expenditure is being incurred over a two year period. We have significant interests in consumer goods, real estate, agriculture, chemicals and financial services through our subsidiary and associate companies, across 18 countries. All rights reserved. The initial venture, Godrej Brothers, has since diversified across sectors and evolved into multiple companies under the umbrella of the Godrej Group, including Godrej Industries, Godrej Agrovet, Godrej Consumer Products, Godrej Properties, Godrej Infotech, and the holding company Godrej & Boyce. In addition, it operates real estate. The Board of Directors of Godrej Industries (GIL) at its meeting held on 14 December 2017 considered and approved the amalgamation of Vora Soaps Limited (VSL) with GIL in consideration for equity shares of GIL.VSL is a promoter holding company of GIL.VSL holds 19.39 crore shares representing about 57.66% of the total paid up capital of GIL.  It also manufactures edible oils, vanaspati and bakery fats. Commercialilizadora Agricola Agroastrachem CIA TDA. About Godrej Industries. The Board also approved exploring various possibilities of restructuring Godrej Hershey Limited.On 7 September 2012 Godrej Industries announced that it has entered into a share purchase agreement to divest its 43% stake in Godrej Hershey Limited to Hershey Company for an undisclosed consideration. © Godrej Industries Limited 2020. The factory also commissioned a 'Pastillation plant' to cater to the domestic and international demand for long chain fatty alcohol in pastille form. During the year 2003-04 Godrej Agrovet Ltd the subsidiary company GAVL formed a wholly owned subsidiary namely Golden Feed Products Ltd to carry on the business of animal feeds. Why follow tips? This will alert our moderators to take action. Choose your reason below and click on the Report button. Also they entered into a joint venture with Malaysian firm IJM Plantations for developing palm estates and palm oil mills in India. Creamline Dairy Products … Godrej Chemicals. Subsidiaries Accounts ... Godrej Maxximilk Private Limited Astec Europe Sprl Godrej Landmark Redevelopers Private Limited. The Board of Directors of Godrej Industries at its meeting held on 24 January 2011 approved capital expenditure of about Rs 52 crore for expansion of fatty acids manufacturing capacity at Valia District Bharuch Gujarat.