Godrej Industries Ltd

MoU with Haryana for ₹20,000 crore investment

• MoU signed outlining approx ₹20,000 crore investments in Haryana, with potential to create around 40,000 jobs.

Haryana footprint and jobs

• Group invested ₹12,000 crore in Haryana to date; employs about 9,000 people.

GPL investment plan in Haryana

• GPL to invest ₹16,000 crore in Haryana by FY28; ₹11,000 crore invested to date.

Ventures and Capital activity in Haryana

• Ventures to invest ₹3,500 crore in Grade A+ offices; Capital has five branches and ₹550 crore bookings.

Group scale and outlook

• Revenues USD 7.2B in FY26.
• Market cap USD 19B as of Mar 2026.
• CSR spending about ₹1 crore annually.
• Infrastructure initiatives in Haryana ₹10 crore.

Resolution overview

• Special resolution to re-designate, appoint and remunerate Pirojsha Godrej as Executive Chairperson (WTD), 14 Aug 2026–13 Aug 2031.
• Term: Aug 14, 2026 to Aug 13, 2031, liable to retire by rotation.
• Remuneration: fixed 6.9–12 crore; PLVR base 12–21 crore; total cost 16.1–28 crore plus perquisites.
• Board authorized to execute agreements and related documents.
• Counterparty: Pirojsha Godrej; related party under Listing Regulations; not material per Act.
• Outcome: Pending; results to be declared by Sep 26, 2026.
• Voting window: Aug 26, 2026 to Sep 24, 2026; cut-off date Aug 14, 2026.
• Impact: no change in share capital disclosed.
• Abstention by promoters/related parties: not disclosed.

AGM details

• AGM held on August 13, 2026 at 3:00 pm IST via video conferencing.
• Notice dispatched July 20, 2026; remote e-voting Aug 8–12, 2026; voting at AGM.

Resolutions and outcomes

• Adoption of Audited Financial Statements for FY2025-26 — Passed.
• All seven resolutions passed with requisite majority; no poll papers.
• Voting via remote e-voting and on-site; results attached in annexure.

agm details

• AGM held on August 13, 2026 at 3:00 p.m. IST via Video Conferencing (VC).

ordinary business resolutions

• Adoption of audited financial statements for year ended March 31, 2026.
• Appointment of Vishal Sharma as director by rotation.

special business resolutions

• Re-appointment of Vishal Sharma as Whole Time Director for 2027–2030.
• Approval to raise up to ₹1,500 crore via NCDs; delegation to Management Committee.
• Ratification of remuneration of Cost Auditors M/s. R. Nanabhoy & Co.
• Contribution to bonafide charitable and other funds.
• Approval for further investment up to ₹1,000 crore in Godrej Investment Limited.

voting/other details

• Remote e-voting conducted Aug 8–12; results to be announced within 48 hours.
• Voting during meeting allowed for 15 minutes after conclusion.

Pirojsha Godrej appointment

• Type: Re-designation and appointment as Whole-Time Director (Executive Chairperson).
• Person: Pirojsha Godrej (Promoter Group member).
• Effective date and term: Aug 14, 2026 to Aug 13, 2031.
• Reason: Planned generational transition after retirement of Nadir Godrej as CMD.
• Profile: Chairperson of Godrej Industries Group; leads multiple group entities.
• Relationship: Pirojsha is a Promoter Group member.
• Disclosure: Not debarred from directorship by SEBI.
• Impact on board: Redesignation approved; shareholder approval required.

KMP updates

• Type: Update of Key Managerial Personnel under Regulation 30(5).
• Vishal Sharma - Executive Director and CEO (Chemicals).
• Clement Pinto - Chief Financial Officer.
• Anupama Kamble - Company Secretary and Compliance Officer.
• Effective date: Aug 14, 2026.
• Reason: Consequent to changes in the KMP.

Postal Ballot notice approval

• Type: Postal Ballot Notice approval for the Aug 13, 2026 meeting.
• Detail: Notice seeks shareholder approval for the matter in point 1.
• Cut-off date: Aug 14, 2026 for eligibility.
• Impact: Enables postal ballot-based approval.

Consolidated financials

• Total income ₹6,360 crore, up 11% YoY.
• PBDIT ₹1,610 crore, down 8%.
• PBIT ₹1,477 crore, down 10%.
• Net profit ₹284 crore, down 19%.

GCPL consumer performance

• Q1 FY27: consolidated sales up 19% YoY; net profit up 11% YoY.
• Home care up 12%; air fresheners and Insecticides traction.

GPL real estate performance

• Bookings ₹8,651 crore; 3,738 units; 6.2 million sq ft.
• Added 3 new projects; 8.0 million sq ft saleable area; ₹9,500 crore expected booking value.
• Delivered 0.9 million sq ft in Q1 FY27.

GAVL agri-business performance

• Total income ₹2,870 crore; PAT ₹135 crore.
• Animal nutrition volumes ~15% YoY; higher realizations in vegetable oil.
• Crop care income ₹349 crore; Dairy growth driven by value-added products.

Chemicals segment

• Chemicals revenue ₹1,161 crore; PBIT ₹159 crore.
• Exports up 20% in Q1 FY27.

Investments & governance

• Investment market values: GCPL ₹24,527cr, GPL ₹25,171cr, GAVL ₹6,969cr.
• Investments at cost ₹9,514 crore.

Financial results approved

• Unaudited standalone and consolidated results for quarter ended June 30, 2026 approved.

Audit review

• Limited Review Reports on standalone and consolidated results have unmodified conclusions.

KMP updates

• Updated Key Managerial Personnel details approved; effective 14 August 2026.

Regulatory and corporate actions

• NCLT merger of Embellish Houses Private Limited into Godrej Properties Limited; not yet effective.
• Approved merger of Godrej Finance Limited into Godrej Capital Limited; RBI approval pending.

Meeting Details

• Board meeting on August 13, 2026 to consider unaudited standalone/consolidated results for quarter ended June 30, 2026.

Key Agenda Items

• Approval of unaudited standalone and consolidated results for the quarter ended June 30, 2026 after Audit Committee review.

Other Notes

• Time and location of the meeting are not disclosed.