Godrej Industries shares gain 6% after Temasek's ₹2,500 crore investment in Godrej Capital

Shares of Godrej Industries gained nearly 6% on Thursday, November 12, after Singapore-based investment firm Temasek announced a ₹2,500-crore investment in Godrej Capital, the group's financial services arm, at a valuation of up to ₹28,000 crore.

Godrej Industries shares were trading at ₹1,025.50, up 5.84% from their previous closing price of ₹968.95, at around 2:08 pm on the BSE. The stock touched an intraday high of approximately ₹1,056 during the session before paring some gains.

The company disclosed the investment in a stock exchange announcement at around 12:44 pm. The stock had already been trading higher earlier in the session, with the announcement followed by a further upward movement in its share price.

Temasek to invest ₹2,500 crore in Godrej Capital

Godrej Industries Group announced that Temasek Holdings, through its affiliate Jongsong Investments Pte Ltd, will invest ₹2,500 crore in Godrej Capital, valuing the financial services business at up to ₹28,000 crore.

Following the transaction, the Godrej Industries Group will retain approximately 80% ownership in Godrej Capital. The investment is subject to requisite regulatory approvals.

Founded in 2020, Godrej Capital provides financial solutions to businesses and individuals 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.

Godrej Capital targets ₹1 lakh crore AUM by 2031

Commenting on the investment, Pirojsha Godrej, chairperson of Godrej Industries Group, said financial services represents a major long-term growth area for the group. He added that the group aims to build Godrej Capital into a ₹1 lakh crore AUM franchise by 2031.

"We are delighted to welcome Temasek as a long-term investor in Godrej Capital. This investment is a testament to the exceptional business Manish and his team have built in a remarkably short period, and reflects confidence in the significant 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. We remain committed to achieving this through disciplined execution, strong governance and the values of trust and integrity that have guided the Group for over a century," Pirojsha Godrej said.

Manish Shah, MD and CEO of Godrej Capital, said the investment would help accelerate the company's growth, expand its reach across India, deepen its offerings and strengthen its technology-led capabilities.

"When we began this journey, our ambition was to build a diversified, technology-enabled financial services business with strong risk management and a customer-first approach. Today, with ₹35,000 crore in AUM, we have demonstrated the strength of our strategy and execution. This investment will help us accelerate growth, expand our reach across India, deepen our offerings for businesses, individuals and the communities we serve, and strengthen our technology-led capabilities. With Temasek now part of our story, we are excited about the lasting value we will create for all our stakeholders," Shah added.