Godrej Properties Ltd

Godrej Properties Ltd has announced that its Board of Directors will convene on August 4, 2026. The primary agenda item for this meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Concurrently, the company has implemented a trading window closure for its designated persons and their immediate relatives, effective from July 1, 2026, until August 6, 2026, in accordance with its Insider Trading Code.

Godrej Properties Limited (GPL) has received the National Company Law Tribunal (NCLT) order, dated July 8, 2026, sanctioning the Scheme of Amalgamation of Embellish Houses Private Limited (EHPL) with GPL. This follows the Board of Directors' approval on November 6, 2025. The merger is subject to the filing of the certified NCLT order with the Registrar of Companies. The amalgamation aims to consolidate real estate businesses and create synergies. GPL will intimate the stock exchanges upon the scheme becoming effective.

Godrej Properties Limited (GPL) has issued a communication to its shareholders regarding the tax deduction applicable on dividends. The company clarified that dividend income is taxable as per the Income Tax Act, 2025. Shareholders are advised to ensure their details like PAN, residential status, and bank mandates are updated to facilitate correct tax deduction. The Board recommended a dividend of ₹10 per equity share for FY26, with a record date of July 28, 2026, and payment expected within 30 days of the AGM on August 4, 2026. For resident shareholders with valid PAN, TDS will be 10%; otherwise, it will be 20%. Resident individuals receiving less than ₹10,000 in dividends are exempt from TDS.

Godrej Properties Ltd (GPL) has announced its 41st Annual General Meeting (AGM) scheduled for Tuesday, August 4, 2026, at 2:30 p.m. IST, to be conducted via Video Conference/Other Audio-Visual Means. The company is dispatching letters to shareholders whose email addresses are not registered, providing web links and QR codes to access the Notice of the AGM and the Integrated Annual Report for FY 2025-26. Key dates include July 28, 2026, as the Record Date for Dividend and cut-off for e-Voting, with remote e-voting open from July 30 to August 3, 2026. Shareholders are also reminded to update KYC details for dividend payments.

Godrej Properties Limited (GPL) has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report, which is an integral part of the Integrated Annual Report, includes an Independent Reasonable and Limited Assurance Report from TUV SUD South Asia Private Limited. The filing details GPL's corporate identity, operations across 103 national and 3 international locations, and its business activities primarily in real estate development, accounting for 100% of its turnover. The report also provides comprehensive data on employee demographics, including permanent and contractual staff, and highlights the participation of women in leadership roles. Employee turnover rates for permanent employees are also disclosed for the past three fiscal years.

Godrej Properties Ltd. has announced its 41st Annual General Meeting (AGM) to be held on August 4, 2026, via Video Conferencing. The agenda includes adopting financial statements for FY26, declaring a dividend of ₹10 per equity share, approving not to fill the vacancy caused by Mr. Nadir Godrej's retirement, ratifying remuneration for Cost Auditors for FY27, and approving the waiver of excess managerial remuneration paid to Mr. Pirojsha Godrej for FY26.

Godrej Properties Ltd (GPL) has released its Integrated Annual Report for the Financial Year 2025-26, along with the notice for its 41st Annual General Meeting (AGM). The AGM is scheduled for August 04, 2026, via Video Conferencing. The report includes the Business Responsibility and Sustainability Report and details the company's financial performance, including a booking value of ₹34,171 Cr, revenue of ₹8,374 Cr, and EBITDA of ₹2,826 Cr. GPL highlights its position as India's leading real estate developer, its commitment to sustainability, and its operational scale. The report is available on the company's website, and members whose email addresses are registered will receive it electronically. The record date for dividend eligibility, if declared, is July 28, 2026.

Godrej Properties Ltd. (GPL) has received a certified true copy of an order from the Chhattisgarh Real Estate Regulatory Authority (CGRERA), Raipur, imposing a penalty of ₹10,00,000. The penalty is under Section 3(1) read with Section 59 of the Real Estate (Regulation and Development) Act, 2016, for alleged contravention related to the advertisement of 'Project – Greenvale Estate' before obtaining RERA registration. GPL states the advertisements were circulated by third parties without their knowledge or consent. The company has obtained registration for the project and is evaluating legal remedies, stating there is no material impact on its financial or operational activities.

Godrej Properties Ltd (GPL) has emerged as the highest bidder for a 4.95-acre residential land parcel in Sector 151, Noida, acquired for ₹331.75 crore. The company plans to develop a premium group housing project on this site, with an estimated revenue potential exceeding ₹2,000 crore. This strategic acquisition in the National Capital Region (NCR) enhances GPL's development portfolio and aligns with its strategy to deepen its presence in key Indian micro-markets. The location offers good connectivity and access to future infrastructure developments.

Godrej Properties Limited (GPL) has announced the acquisition of a approximately 47-acre land parcel located off Old Mahabalipuram Road (OMR) in South Chennai. The proposed development is expected to have a developable potential of around 1.2 million square feet and an estimated revenue potential of approximately INR 500 crore. The project will primarily comprise plotted residential units. This strategic acquisition aims to strengthen GPL's presence in Chennai, a rapidly growing micro-market with improving infrastructure and increasing end-user interest.