Godrej Properties increases capital through employee stock grants
On September 2, 2025, Godrej Properties Limited confirmed the allotment of 218 equity shares, each with a face value of Rs. 5, to employees who exercised their stock grants under the Godrej Properties Limited Employees Stock Grant Scheme, 2011 (GPL ESGS). This action follows the exercise of 218 stock grants by employees during the designated exercise period.
The allotment was approved by the Allotment Committee of the Board of Directors on the same date. As a result of this transaction, the company's issued, subscribed, and paid-up capital has increased to Rs. 1,50,60,31,720. This new capital base now comprises 30,12,06,344 equity shares, each valued at Rs. 5.
This capital increase reflects the ongoing utilization of the GPL ESGS, a program designed to incentivize and retain employees through equity participation.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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