Godrej Industries Limited was incorporated on March 7, 1988 as 'Gujarat-Godrej Innovative Chemical Limited'. The business and undertaking of the erstwhile Godrej Soaps Limited was transferred to the Company via Scheme of Amalgamation effective from April 1, 1994 and the name of the Company was changed to Godrej Soaps Limited. Subsequently, under a Scheme of Arrangement, the Consumer Products Division of the Company was demerged with effect from April 1, 2001 into a separate company, Godrej Consumer Products Limited (GCPL), resulting the change in Company's name to Godrej Industries Limited on April 2, 2001. At present, Company is engaged in the businesses of manufacture and marketing of oleo-chemicals, their precursors and d