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Godrej Properties' shareholders approve raising of Rs 3,750 crore

09 Mar 2021 Evaluate

Godrej Properties’ shareholders have approved proposal to raise funds in one or more tranches, by issuance of securities for an amount not exceeding Rs 3,750 crore. The shareholders also approved enhancement of investment limit of the company up to Rs 7,500 crore.

Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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