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Godrej Industries has acquired a 26% stake in Clean Max Kaze, a subsidiary of Clean Max Enviro Energy Solutions, to set up a renewable energy project at its Gujarat factory. This strategic investment in wind-solar hybrid power will help the company reduce energy costs, enhance sustainability, and ensure a reliable green energy source for its operations.
Godrej Industries delivered a stellar performance in Q2FY25, with net profit soaring 287% and revenue rising 22%. The company's strong growth across its home care and personal care segments, combined with improved margins, has propelled its stock to new heights. Discover what’s driving Godrej’s success and its outlook for the future.
In a strategic move to expand its food ingredients portfolio, Godrej Industries has acquired the food additives and emulsifier business of Savannah Surfactants for Rs 76 crore. This acquisition aims to strengthen Godrej's position in the growing global food sector, enhancing its capabilities in providing innovative and sustainable food solutions.
Anamudi Real Estates, the family office arm of Godrej Industries Group, has sold 47.37 lakh shares in Sobha Ltd for approximately Rs 860 crore. This strategic divestment reduces their stake in the real estate firm from 9.99% to around 5%. Explore the details of this significant transaction, its implications for Sobha Ltd's stock, and what it reveals about Anamudi's investment strategy.