Nadir Godrej has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
GODREJPROP · price
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Awaiting price reaction for this filing.
Godrej Industries Limited, the promoter of Godrej Properties, has filed a compliance declaration under SEBI's Regulation 31(4) for the financial year 2024-25. The filing, signed by Nadir Godrej on behalf of all promoters, promoter group members, and persons acting in concert, confirms that none of them created any encumbrance (such as a pledge or lien) on their GPL shares during the year. The document also includes an annexure listing over 110 promoter and promoter group entities, including various Godrej group companies, LLPs, and family trusts.
This is a routine negative confirmation meaning promoters did not pledge or otherwise encumber their GPL holdings in FY2024-25. It is generally seen as a positive signal of promoter financial stability and no direct impact on the share price is expected.