GODREJPROPNSEGodrej Properties Limited· ConstructionMediumPositive
Announced Mon, 4 May · 13:20 IST

Godrej Properties Limited has informed the Exchange that Record date for the purpose of Dividend is 28-Jul-2026.

Corporate Actions View source PDF

GODREJPROP · price

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Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹1832.00
prior close
₹1890.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.2-0.0-0.4-1.1+2.0+2.5+2.3-2.3-5.7-3.5-7.5+11.7
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AI summary

Godrej Properties' Board has recommended a dividend of ₹10 per equity share (200% on face value of ₹5) for FY 2026, subject to shareholder approval at the 41st AGM on August 4, 2026. The record date for dividend entitlement is July 28, 2026, with payment targeted before September 3, 2026. Director Mr. Nadir Godrej will retire effective from the conclusion of the August 4, 2026 AGM upon turning 75. Additionally, the Board approved raising up to ₹3,000 crore via Non-Convertible Debentures, Bonds and/or other Debt Securities on a private placement basis.

Likely market impact

The dividend of ₹10 per share signals consistent shareholder returns. The retirement of key promoter director Nadir Godrej may attract some market attention. The ₹3,000 crore debt raise provides financial flexibility for future growth.