Godrej Industries Shares Surge 8% as Temasek Invests in Godrej Capital
Key Facts
Godrej Industries announced that Singapore’s Temasek will invest 25 billion rupees (approximately S$342 million) in its financial services arm, Godrej Capital. The Straits Times reported that the investment values Godrej Capital at up to 280 billion rupees, with Godrej Industries retaining an ownership stake of approximately 80% in the subsidiary following the transaction.
The capital injection is intended to scale Godrej Capital’s assets under management to 1 trillion rupees by 2031, according to Pirojsha Godrej, chairman of Godrej Industries Group. Shares of Godrej Industries rose 8% on November 12, 2026, following the news, as the subsidiary reported assets under management of 350 billion rupees as of October 31, 2026.