Godrej Properties Limited has informed the Exchange regarding Allotment of 21248 Shares.
GODREJPROP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Godrej Properties Limited has allotted 21,248 equity shares of face value Rs. 5 each to employees who exercised their stock grants under the company's Employees Stock Grant Scheme, 2011 (GPL ESGS). The allotment was approved by the Allotment Committee of the Board on June 18, 2025. Following this allotment, the company's paid-up equity share capital has risen to Rs. 1,50,60,30,630 divided into 30,12,06,126 equity shares of Rs. 5 each. The 21,248 shares represent a very small fraction of the total outstanding shares. This is a routine disclosure informing exchanges about the change in share capital.
The dilution from 21,248 shares is negligible (well under 0.01% of total shares) and is part of an existing employee incentive plan, so there is no meaningful impact on existing shareholders or stock price. The filing is purely procedural and signals normal employee grant exercises.