Godrej Industries Limited has informed the Exchange regarding Re-appointment of Sandeep Murthy as Non- Executive Independent Director of the company w.e.f. March 01, 2026.
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Godrej Industries' board, at its May 15, 2025 meeting, approved the re-appointment of Nadir Godrej as Chairman and Managing Director for a short term from April 1, 2026 to August 25, 2026. Two Independent Directors — Shweta Bhatia and Sandeep Murthy — were also cleared for re-appointment for second terms of five years each. The board also increased the company's borrowing limit from ₹9,500 crore to ₹11,500 crore and approved raising up to ₹2,000 crore through unsecured non-convertible debentures or bonds on a private placement basis. Additionally, M/s. Nilesh Shah & Associates was appointed as the Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), and the 37th Annual General Meeting was fixed for August 13, 2025. All these decisions are subject to shareholder approval.
The re-appointments signal leadership continuity at the top, with no major governance disruptions. The ₹2,000 crore NCD issuance and higher borrowing cap (₹11,500 crore) give the company more headroom for expansion or refinancing, which could modestly increase debt levels for shareholders to monitor.