Dividend4 May 2026, 01:23 pm
Godrej Properties Recommends ₹10 Dividend, Sets AGM for August 4
AI Summary
Godrej Properties Ltd (GPL) has recommended a dividend of ₹10 per equity share (200%) for FY26, subject to shareholder approval at the 41st Annual General Meeting (AGM) scheduled for August 4, 2026. The record date for dividend entitlement is July 28, 2026, with payment before September 3, 2026. Mr. Nadir Godrej will retire as Non-Executive Non-Independent Director at the AGM. The board also approved raising up to ₹3,000 crore through debt securities.
Key Highlights
- GPL recommends a dividend of ₹10 per share (200%) for FY26.
- 41st AGM scheduled for August 4, 2026; record date for dividend is July 28, 2026.
- Nadir Godrej to retire as Non-Executive Non-Independent Director on August 4, 2026.
- Board approves raising up to ₹3,000 crore via debt securities.
- Dividend payment to eligible shareholders before September 3, 2026.
Price Impact
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