Godrej Industries shares surge 10% on ₹2,500 crore Temasek investment in Godrej Capital

Résumé détaillé

Under the transaction, Temasek Holdings, through its affiliate Jongsong Investments Pte Ltd, will invest ₹2,500 crore in Godrej Capital. Following the investment, the Godrej…

Shares of Godrej Industries Ltd. surged over 8% on Thursday, November 12, after its financial services arm, Godrej Capital, secured a ₹2,500 crore investment from Singapore-based Temasek at a valuation of up to ₹28,000 crore.

Under the transaction, Temasek Holdings, through its affiliate Jongsong Investments Pte Ltd, will invest ₹2,500 crore in Godrej Capital. Following the investment, the Godrej Industries Group will retain approximately 80% ownership in the financial services business.

The transaction is subject to requisite regulatory approvals, the company said in an exchange filing on Thursday.

Founded in 2020, Godrej Capital provides financial solutions to individuals and businesses through its subsidiaries. Its offerings include home loans, loans against property, working capital loans, construction finance, gold loans, supply chain finance and personal loans.

The company has a presence in more than 100 cities and reported assets under management (AUM) of ₹35,000 crore as of October 31, 2026.

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The investment is expected to support Godrej Capital's next phase of expansion, with the company targeting AUM of ₹1 lakh crore by 2031.

Pirojsha Godrej, Chairperson of Godrej Industries Group, said the investment reflects confidence in the business and the opportunity ahead.

"Financial services represents a major long-term growth area of focus for our Group, and our ambition is to build Godrej Capital into a ₹1 lakh crore AUM franchise by 2031," he said.

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