Godrej Industries shares rally 10% after Temasek's Rs 2,500 crore investment in Godrej Capital

Shares of Godrej Industries surged as much as 9.69% to hit an intra-day high of Rs 1,062.90 apiece on the NSE on Thursday, after the group announced that Singapore-based Temasek would invest Rs 2,500 crore in its financial services arm, Godrej Capital, at a valuation of up to Rs 28,000 crore.

The stock pared some of its gains subsequently but continued to attract strong buying interest. At around 1:10 pm, shares of Godrej Industries were trading at Rs 1,042 apiece, up 7.46% from their previous close of Rs 968.95. The stock moved in a range of Rs 970.95 to Rs 1,062.90 during the session.

At the current market price, Godrej Industries commanded a market capitalization of Rs 35,064.51 crore on the NSE.


The rally followed the group's announcement that Temasek Holdings (Private) Limited, through its affiliate Jongsong Investments Pte Ltd, will invest Rs 2,500 crore in Godrej Capital, valuing the financial services business at up to Rs 28,000 crore. Following the transaction, Godrej Industries Group will retain approximately 80% ownership in the company.

Founded in 2020, Godrej Capital is the group's financial services platform, leveraging its 129-year legacy of trust and integrity to build a portfolio of modern financial solutions.

Through its subsidiaries, the company caters to businesses and individuals across India, offering home loans, loans against property, working capital loans, construction finance, gold loans, supply chain finance and personal loans. It has a presence in more than 100 cities and reported assets under management (AUM) of Rs 35,000 crore as of October 31, 2026.

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Commenting on the transaction, Pirojsha Godrej, Chairperson of Godrej Industries Group, said the investment reflects confidence in the business built by MD and CEO Manish Shah and his team, as well as the growth 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 Rs 1 lakh crore AUM franchise by 2031," Godrej said.

He added that the group would pursue this ambition through disciplined execution, strong governance and its longstanding values of trust and integrity.

Manish Shah, MD and CEO of Godrej Capital, said the investment would help the company accelerate its expansion, widen its reach across India and strengthen its technology-led capabilities.

The company, he said, was built with the ambition of creating a diversified, technology-enabled financial services business backed by strong risk management and a customer-first approach. With its AUM having reached Rs 35,000 crore, the latest investment would support the expansion of its offerings for businesses and individuals, while enabling it to deepen its presence across the communities it serves, Shah added.

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