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Further to the letter dated April 30, 2018 and in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Godrej Properties has informed that the Board of Directors of the Company, at its meeting held on May 4, 2018, considered and approved, subject to the approval of the shareholders, the issue of 1,27,65,000 equity shares of the Company of the face value of Rs 5 each (Equity Shares) at a price of Rs 783.50 (which includes a premium of Rs 778.50 per Equity Share) aggregating to Rs 10,00,13,77,500 to Gamnat (Investor), on preferential basis. With respect to the above investment, the Company would be entering into an investment agreement with the Investor prior to the date of the aforesaid Extra Ordinary General Meeting. The Board meeting commenced at 11:30 a.m and concluded at 1:00 p.m.

The above information is a part of company’s filings submitted to BSE.

Godrej Properties Share Price

1873.10 -5.75 (-0.31%)
08-May-2026 16:59 View Price Chart
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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