Mumbai: Godrej Industries decided to further put in up to Rs 360 crore in Godrej Consumer Products. Earlier, on December 4, 2007, Godrej Industries had said it would invest up to Rs 100 crore in Godrej Consumer Products. Additionally, Godrej Consumer Products is mobilizing Rs 400 crore on a rights basis. The proceeds of the rights issue would be utilised for funding capital expenditure, payment of certain debts, investing in subsidiary - Godrej Netherlands BV and its joint venture Godrej SCA Hygiene.
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