Godrej Properties has received an approval for merger of one of its subsidiary company ‘Godrej Premium Builders’ with a wholly owned subsidiary ‘Godrej Projects Development’ (GPDPL), in its capacity as a shareholder, through a scheme of amalgamation, subject to the necessary approvals as may be required. The board of directors at their meeting held on January 27, 2015 has approved for the same.
Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.