Singapore's Temasek to invest Rs 2,500 cr in Godrej Industries' financial services arm
Temasek Holdings announced plans to invest 25 billion rupees in Godrej Capital's financial services business. This investment will value Godrej Capital at approximately 280 billion rupees. Following this deal, Temasek will maintain about 80% owner...
By Reuters | Updated:
India's Godrej Industries on Thursday said Temasek Holdings will invest 25 billion rupees ($266.98 million) through its affiliate, in Godrej Capital, valuing the financial services business at up to 280 billion rupees.
Godrej Industries Group will retain approximately 80% ownership in the financial services business.
Godrej Industries Group will retain approximately 80% ownership in the financial services business.
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