Godrej Properties Limited (GODREJPROP) — Corporate Action

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📢 Key Event
Board recommends ₹10 dividend, AGM on August 4, 2026, and Mr. Nadir Godrej's retirement

🔄 What Changed
Dividend proposal of ₹10 per share (200% of face value) and Mr. Nadir Godrej's retirement from the board

🔮 What's Next
Dividend payment by September 3, 2026; AGM scheduled for August 4, 2026; debt fund raise up to ₹3,000 crore authorized

💡 Investor Takeaway
Shareholders receive ₹10 per share dividend if holding shares before July 28, 2026, and should note Mr. Nadir Godrej's retirement after the AGM.

Godrej Properties announced a ₹10 per share dividend (200% of ₹5 face value) for FY2026, subject to shareholder approval at the August 4, 2026 AGM, with record date July 28, 2026 and payment by September 3, 2026. Mr. Nadir Godrej will retire as Non-Executive Non-Independent Director upon AGM conclusion. The Board approved up to ₹3,000 crore in debt fund raises via NCDs/Bonds. Shareholders retain voting rights and dividend eligibility if holding shares before July 28, 2026.

📄 View Original Announcement (PDF)

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