Godrej Consumer Products to raise up to Rs. 5,000 Cr via NCD issue

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During today's closing session, Godrej Consumer Products, a large cap FMCG company, recorded a market cap of 94,364.82.

By making a prior update of Board Meeting to be held on 10th May, Godrej Consumer Products said today in a stock exchange filing that we wish to inform you that at the same meeting, the Board may also inter alia, consider approval of raising of funds by way of issuance of Non-Convertible Debentures (NCDs) aggregating to an amount upto Rs. 5,000 Crores in one or more tranches.".

This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, May 10, 2023, to inter alia, consider and approve the Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and financial year ended 31 March, 2023," said Godrej Consumer Products in a stock exchange filing..

The shares of Godrej Consumer Products closed today on the BSE at 922.70 apiece level, up by 1.82% from the previous close of 906.25..