Please find enclosed intimation for record date for declaration of dividend.
GODREJPROP · price
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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 determining eligible shareholders is July 28, 2026. If approved, the dividend will be paid before September 3, 2026. Additionally, the Board approved raising up to ₹3,000 crore via debt securities (NCDs/Bonds) and noted the retirement of Mr. Nadir Godrej at the upcoming AGM due to age limit (75 years).
The dividend recommendation of ₹10 per share signals consistent shareholder returns. The planned debt raise of ₹3,000 crore provides financial flexibility for growth but will increase leverage. Director retirement is procedural due to age policy.