Godrej Properties Limited has informed the Exchange about date of Annual General Meeting

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GODREJPROP · price

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Price reactionminutes from the announcement price · days from the prior close

+4.7%Reaction day

₹1832.00

prior close

₹1902.40

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.7%+4.0% vs market

Residential Commercial Projects peers, median of 65sector+1.3%+3.5% vs sector

On the reaction day the stock moved 4.0 pts more than Nifty Midcap 150 and 3.5 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.7+0.7+4.0+1.3+3.5

Next day

-1.1+0.8-2.0+0.6-1.8

+2.0+2.5-0.6+2.5-0.5

+2.5+3.7-1.1+4.2-1.6

+2.3+3.5-1.2+2.7-0.4

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-5.7+0.4-6.2-0.9-4.8

15d

-3.5+3.2-6.6-1.1-2.3

-7.5+1.4-8.9-3.5-4.0

+11.7+4.4+7.3+0.5+11.2

+11.0+6.1+4.9-1.8+12.8

UpDownMarket · Nifty Midcap 150Sector · Residential Commercial Projects peers, median of 65Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Godrej Properties' Board has recommended a dividend of ₹10 per equity share (200% of face value ₹5) for FY2026, subject to shareholder approval at the 41st AGM scheduled for August 4, 2026. The record date for dividend entitlement is July 28, 2026, with payment to eligible shareholders before September 3, 2026. Founder family member Mr. Nadir Godrej will retire as Non-Executive Non-Independent Director from the conclusion of the AGM upon attaining age 75. Additionally, the Board has approved raising funds up to ₹3,000 crore through issuance of Non-Convertible Debentures, Bonds and/or other Debt Securities on a private placement basis.

Likely market impact

The dividend recommendation signals financial health and shareholder-friendly approach. The retirement of a senior Godrej family member marks a leadership transition. The ₹3,000 crore debt-raising approval provides capital for future growth but may increase leverage.