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Q1FY23 Quarterly Result Announced for Godrej Properties Ltd.

Realty firm Godrej Properties announced Q1FY23 Result : Long-term Rating for INR 2,500 crore bank facilities of Godrej Properties upgraded to [ICRA] AA+(Stable). The short-term rating has been reaffirmed at [ICRA]A1+. Instruments with this rating are considered to have a high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. Rating for INR 1,000 crore NCD upgraded to [ICRA] AA+(Stable). Instruments with this rating are considered to have a high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. Result PDF
02-08-2022
Bigul

Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Investor Presentation

Dear Sir/Madam, Please find enclosed a copy of the Investors' Presentation and the Press Release on the financial results of the Company for the quarter ended June 30, 2022. This is for your information and records. Thank you,
02-08-2022
Bigul

Godrej Properties Ltd - 533150 - Unaudited Financial Results For The Quarter Ended June 30, 2022

Dear Sir/Madam, Please note that the Board of Directors of the Company, at its meeting held on August 02, 2022 has, inter alia, considered and approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2022. Pursuant to Regulation 30, 33, 52 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2022, duly reviewed and recommended by the Audit Committee and approved by the Board of Directors along with the Limited Review Report issued by M/s B S R & Co LLP, the Statutory Auditors of the Company. The meeting of Board of Directors of the Company commenced at 12:00 noon and the results were approved at 12:40 p.m. Kindly take the aforesaid on records.
02-08-2022

Godrej Properties buys land parcel in Mumbai for its luxury housing project

Real estate firm Godrej Properties on Monday said it has acquired 0.5 acres of land in Mumbai to develop a luxury housing project with an estimated sales value of Rs 1,200 crore. In a regulatory filing, the company informed that it has bought a land parcel to develop a luxury project near Carmichael Road in Mumbai. The land parcel, spread across 0.5 acres, was purchased from the Karam Chand Thapar (KCT) group. The new project will have an estimated booking value potential of approximately Rs 1,200 crore, the company said. "The demand for luxury realty has been strong over the past few years and this location affords us the opportunity to create a landmark boutique luxury residential development," said Mohit Malhotra, MD & CEO, Godrej Properties. Varun Thapar, Vice Chairman and Executive Director - KCT Group, said Indian City Properties Ltd, the real estate arm of the KCT Group, owned this prime land asset in South Mumbai for nearly seven decades. Mumbai-based Godrej Properties is
01-08-2022
Bigul

Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Dear Sir/Madam, Please find enclosed a copy of the press release the contents of which are self-explanatory. Kindly take the same on record. Thank you.
01-08-2022
Bigul

Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Dear Sir/Madam, Please find enclosed a copy of the press release the contents of which are self-explanatory. Kindly take the same on record. Thank you.
01-08-2022
Bigul

Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Credit Rating

Dear Sir/Madam, Pursuant to Regulation 30 and 51(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that ICRA Limited, rating agency vide their letters dated July 29, 2022, has upgraded/reaffirmed the credit rating for the various instruments of the Company. This is for your information and records.
29-07-2022
Bigul

Godrej Properties Ltd - 533150 - Order Passed By Hon'Ble Supreme Court Of India Involving Our Project Godrej Frontier, Sector 80, Gurgaon

The Hon'ble Supreme Court of India has on July 21, 2022, pronounced an order, in Rameshwar v/s State of Haryana, which involved our project Godrej Frontier, Sector 80, Gurgaon, that was completed in 2014. Being a law abiding organization, we respect the order pronounced by the Hon'ble Apex Court. However, it is pertinent that the timing of our entry into the project was surprisingly disregarded, given that we clearly entered into the transaction post any kind of impediment on collaboration/transfer had ceased. This judgment impacts a number of other major developers in the same area. We are evaluating the impact of the judgment and our next course of action in the matter. Although the above incident is not material as per the Policy for Determination of Materiality of Event framed by the Company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the same is being shared in Annexure A as a matter of information.
23-07-2022
Bigul

Godrej Properties Ltd - 533150 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Please find enclosed a certificate issued by KFIN Technologies Limited, Registrar and Share Transfer Agent of the Company, confirming the compliance of Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2022. Kindly take the same on records.
11-07-2022
Bigul

Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

In terms of Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, please find enclosed schedule of conference call with investors and analysts to be held on Tuesday, August 02, 2022 at 04:30 PM (1ST). This is for your information and records.
11-07-2022
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