Public Relations

Godrej Industries signs MoU with group companies

Godrej Industries, leading chemicals manufacturer and exporter of chemicals products, has entered into a memorandum of understanding (MoU) with Godrej & Boyce Mfg Co and Godrej Properties for development of the property at Vikhroli. - Godrej Industries, group firms to develop real estate - Godrej Ind gets shareholders nod to invest in JV firm - Godrej Group appoints Vivek Gambhir as Chief Strategy Officer - Farm growth could be down 5%, says Godrej - Arun Maira resigns from Godrej Industries" board - Godrej Industries Q1 net at 16 cr The company board also approved the proposal of the aforementioned MoU. The binding MoU provides for setting up of suitable special purpose vehicle(s) to execute joint development of the property as also the commercial terms for such development including the sharing of costs and revenues/ profit. The MoU is subject to all the parties obtaining appropriate corporate and statutory permissions/consents to execute the definitive agreements inter-se and the company obtaining appropriate shareholders’ approval.

Add your comment:

Name:
Site address:	http://
Your message:
Enter today\\\\'s date, 2 digits (spam protection):