September 26, 2017 4:29 AM ET

Industrial Conglomerates

Company Overview of Godrej & Boyce Mfg. Co. Ltd.

Company Overview

Godrej & Boyce Mfg. Co. Ltd. engages in consumer goods, real estate, appliances, agri, and other businesses. The company offers products and services in the areas of appliances, furniture, fast-moving consumer goods, AV solutions, batteries, chemicals, construction, electricals and electronics, IT and software solutions, locks, material handling, motors, precision engineering, aerospace, process equipment, locks, precision systems, security solutions, storage solutions, tooling, and vending. It also manufactures oleochemicals; personal care, hair care, household care, and fabric care products; retails fine and gourmet foods and beverages; operates a real estate development company that focus...

Pirojshanagar, Eastern Express Highway

Vikhroli

Mumbai,  400 079

India

Founded in 1897

Phone:

91 22 2518 8010

Fax:

91 22 2518 8074

Key Executives for Godrej & Boyce Mfg. Co. Ltd.

Chairman and Managing Director
Age: 68
President and Executive Director
Age: 71
Director of Finance and Executive Director
Age: 72
Chief Operating Officer
Age: 53
Compensation as of Fiscal Year 2017.

Godrej & Boyce Mfg. Co. Ltd. Key Developments

Sahara Extends Bid Deadline For Its 30 Properties

Sahara India Pariwar Ltd. has extended the bidding deadline for sale of its 30 properties till May 20, 2017 as prospective buyers, which include Adani Enterprises Limited (BSE:512599); Godrej & Boyce Mfg. Co. Ltd.; Tata Sons Limited, have sought more time to complete due diligence. Knight Frank is auctioning the properties. Sources said the land parcels and other assets have generated huge interest among the prospective buyers, which also include Patanjali Ayurved Limited, several real estate developers including Omaxe Limited (BSE:532880) and Eldeco Housing and Industries Limited (BSE:523329), as also HNIs and even a PSU. Apollo Hospitals Enterprise Limited (NSEI:APOLLOHOSP) has shown interest in acquiring Sahara Hospital in Lucknow. While more than 250 expressions of interest were received by Knight Frank India, sources said the interested parties have sought more time to complete due diligence and other formalities before submission of final bids which necessitated the extension of deadline. When contacted, a Sahara spokesperson confirmed that the deadline has been extended. "In view of the demand from prospective buyers for extra time to complete the due diligence, we have extended the timelines to May 20, 2017," the spokesperson said in reply to a Press Trust of India query.

Tata, Godrej, Adani And Patanjali Interests In Acquiring Sahara Group

Godrej & Boyce Mfg. Co. Ltd., Adani Enterprises Limited (BSE:512599), Patanjali Ayurved Limited and Tata Sons Limited have shown interest in buying Sahara India Pariwar Ltd.'s 30 properties estimated to be worth about INR 74 billion. The properties, mostly land parcels being auctioned by real estate consultant Knight Frank India, have also generated interest from several real estate developers including Eldeco Housing and Industries Limited (BSE:523329) and Omaxe Limited (BSE:532880), as also from HNIs and from Indian Oil Corporation Limited (BSE:530965), sources familiar with the process said.

Godrej & Boyce Mfg. Co. Ltd. Wins Contract for Supply of Closed-Circuit Surveillance System

Godrej & Boyce Mfg. Co. Ltd. has won a contract for supply of closed-circuit surveillance system(CCTV) for CCTV system at MCF Hassan.

Recent Private Companies Transactions

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No transactions available in the past 12 months.
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