Board Meeting4 May 2026, 01:18 pm
GPL Recommends ₹10 Dividend, Nadir Godrej to Retire
AI Summary
Godrej Properties Ltd's board approved a dividend of ₹10 per share (200%) for FY26, subject to shareholder approval at the AGM on August 4, 2026. The record date for dividend eligibility is July 28, 2026, with payment before September 3, 2026. Nadir Godrej will retire as Non-Executive Non-Independent Director after the AGM. The board also approved raising up to ₹3,000 crore via debt securities.
Key Highlights
- GPL recommends a dividend of ₹10 per share (200%) for FY26.
- Nadir Godrej to retire as Non-Executive Non-Independent Director on August 4, 2026.
- GPL plans to raise up to ₹3,000 crore through debt securities.
- 41st Annual General Meeting scheduled for August 4, 2026.
- Record date for dividend eligibility is July 28, 2026.
Price Impact
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