Godrej Properties has informed that the Board of Directors of the Company, at its meeting held today, October 01, 2024, has approved, subject to the approval of the shareholders through Postal Ballot, as applicable, raising of funds, including, by way of issuance of equity shares, fully convertible debentures, partly convertible debentures, non-convertible debentures (with or without warrants), preference shares convertible into equity shares, eligible securities and/or any other security convertible into equity shares or any combination thereof, in one or more tranches through public and/or private offerings including qualified institutions placement, rights issue, further public offer or any other mode as may be permitted under applicable laws and/or any combination thereof, for an aggregate amount not exceeding Rs. 6,000 crore only (Rupees Six Thousand crore only) on such terms and conditions as it may deem fit; approved the notice of Postal Ballot for seeking approval of the Shareholders in respect of raising of funds as mentioned above.
The above information is a part of company’s filings submitted to BSE.
