Godrej Properties Limited has informed the Exchange regarding Allotment of 1397 Shares.
GODREJPROP · price
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Godrej Properties has allotted 1,397 equity shares of Rs. 5 face value each to employees who exercised their stock grants under the company's Employee Stock Grant Scheme, 2011 (GPL ESGS). The Allotment Committee of the Board approved the allotment on March 9, 2026, at 2:10 p.m. Following this allotment, the company's total paid-up equity capital has increased to Rs. 1,50,60,38,705, comprising 30,12,07,741 equity shares. This is a routine, small-scale ESOP-related allotment with no material dilutionary impact given the size relative to total shares outstanding.
Negligible impact on shareholders — the 1,397 shares allotted represent an extremely tiny fraction (under 0.005%) of the total share base of 30.12 crore shares. No material effect on earnings per share or stock price is expected.