Godrej Properties has informed that pursuant to the provisions of the Godrej Properties Employees Stock Grant Scheme, 2011 (the 'GPL ESGS'), the option grantee has exercised 243 stock grants equivalent to 243 Equity Shares of face value of Rs 5 each of the Company during the exercise period. Accordingly, the duly authorised Allotment Committee of the Board of Directors of the Company has at its meeting held on December 20, 2021 allotted 243 Equity Shares of Rs 5 per Equity Share to the option grantees in terms of the GPL ESGS. Consequently, with effect from December 20, 2021, the issued, subscribed and paid-up capital of the Company stands increased to Rs 138,99,37,935 consisting of 27,79,87,587 equity shares of Rs 5 each.
The above information is a part of company’s filings submitted to BSE.
