Please find enclosed intimation for change in directorate.
GODREJPROP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Godrej Properties has approved a dividend of Rs.10 per equity share (200%) for FY 2026, subject to shareholder approval at the 41st AGM on August 4, 2026. The record date for dividend eligibility is July 28, 2026, with payment to be made before September 3, 2026. Additionally, Mr. Nadir Godrej will retire as Non-Executive Non-Independent Director from the conclusion of the August 2026 AGM, as he will turn 75 years old then. The Board has also approved raising funds up to Rs. 3,000 crore through debt securities via private placement.
The retirement of Mr. Nadir Godrej is a routine governance event due to age limits and does not indicate any governance concerns. The company continues with its dividend payout and plans to raise capital for business operations.