Godrej Properties settles Gurugram project dispute with Orris Infrastructure

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GODREJPROP · price

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

-6.6%Reaction day

₹1872.00

prior close

₹1855.00

announcement price

After-mkt

timing

Nifty Midcap 150market-0.2%-6.4% vs market

Residential Commercial Projects peers, median of 65sector-1.3%-5.3% vs sector

On the reaction day the stock moved 6.4 pts less than Nifty Midcap 150 and 5.3 pts less 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

-3.3

10m

-4.2

15m

-4.3

30m

-4.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.6-0.2-6.4-1.3-5.3

Next day

-11.4-2.4-9.0-3.8-7.6

-10.7-2.3-8.3-3.6-7.1

-10.2-1.5-8.8-2.7-7.5

-9.2-0.0-9.2-2.0-7.1

-9.4-0.4-9.0-1.5-7.9

-8.9+0.1-9.0-0.4-8.5

15d

-14.0-4.0-10.0-2.9-11.1

-17.5-5.6-11.9-5.3-12.2

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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 and Orris Infrastructure have amicably settled their dispute over the Godrej Air Project in Gurugram via a Settlement Agreement dated August 25, 2026. The Bombay High Court recorded execution of the settlement on September 3, 2026, with the next hearing on September 24, 2026. The estimated financial impact on the company is about INR 70 crore. Implementation of the agreed actions is currently underway, and the company plans to make a fuller public disclosure once these are completed.

Likely market impact

Settlement ends prolonged dispute but carries an estimated INR 70 crore cost. Further update expected after September 24 court hearing.