Godrej Properties Ltd - 533150 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gamnet Pte. Ltd, Government of Singapore & Monetary Authority of Singapore Godrej Properties raises 2,100 cr equity capital via QIP
Godrej Properties on Saturday said it has raised 2,100 crore by issuing equity shares to qualified institutional buyers (QIBs).The QIP committee of Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
Please note that the QIP committee of the Board of Directors of the Company at its meeting held on June 29, 2019, approved the issue and allotment of 2,26,29,310 Equity Shares of face value ? 5 each to eligible QIB at the issue price of ? 928, aggregating to ? 2,100 crore, pursuant to the Issue. The Issue opened on June 25, 2019 and closed on June 28, 2019 and the same was intimated to you through our letters dated June 25, 2019 and June 28, 2019 Pursuant to the allotment of equity shares in the Issue, the paid-up Equity Share capital of the Company stands increased from ?1,14,69,70,380 consisting of 22,93,94,076 Equity Shares to ?1,26,01,16,930 consisting of 25,20,23,386 Equity Shares of face value ? 5 each Further, find attached herewith the list of allottees who have been allotted more than five percent of the Equity Shares offered in the Issue, marked as Annexure A. The meeting of the QIP Committee commenced at 11:30 a.m. and concluded at 11:50 a.m. Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
Please note that the QIP Committee of the board of directors ('QIP Committee'), at its meeting held on June 28, 2019, approved and adopted the placement document dated June 28, 2019 in connection with the Issue. The Issue opened on June 25, 2019 and closed today i.e. on June 28, 2019, and the same was intimated pursuant to our letters dated June 25, 2019 and June 28, 2019, respectively. The QIP Committee's meeting commenced at 09:30 p.m. and was concluded at 10:00 p.m. Kindly take the same on record. Godrej Properties Ltd - 533150 - Qualified Institutions Placement Of Equity Shares Of Face Value ? 5 Each (The 'Equity Share(S)') By Godrej Properties Limited (The 'Company') Under The Provisions Of Chapter VI Of Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018, As Amended (The 'SEBI ICDR Regulations'), And Sections 42 And 62 Of The Companies Act, 2013, As Amended (Including The Rules Made Thereunder) (The 'Issue').
Further to our letter dated June 25, 2019 intimating you about the meeting of the QIP Committee of the board of directors ('QIP Committee') to be held on June 28, 2019 in respect of the Issue, we wish to inform you that the QIP Committee at its meeting held today i.e. June 28, 2019 has, inter alia, passed the following resolutions: a.Declared the closure of the issue today (i.e June 28, 2019); b.Determined and approved the issue price of ? 928 per Equity Share (including a premium of ? 923 per Equity Share), to the floor price of ? 928 per Equity Share for the Equity Shares to be allotted to the eligible Qualified Institutional Buyers in the Issue; and c.Approved and finalized the confirmation of allocation note to be sent to the eligible Qualified Institutional Buyers pursuant to the Issue; The meeting of the QIP Committee commenced at 07:30 p.m. and concluded at 08:00 p.m. Kindly take the same on record. Godrej Properties climbs over 4.5% to hit 52-week high despite dispute in Godrej family
Shares of Godrej Properties rose as much as 4.68% to a new all time high of Rs 1,005 on both the exchanges today, despite reports of fissures in the family. Godrej Properties: QIP issue opens
The board of Godrej Properties on Tuesday announced opening of the qualified institutional placement (QIP) and fixed the floor price of the issue at Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
In terms of Regulation 29 of the SEBI LODR Regulations, 2015 as amended from time to time (SEBI Listing Regulations), please note that a meeting of the QIP Committee of the Board of Directors of Godrej Properties Limited (the 'Company') is scheduled to be held on Friday, June 28, 2019, inter alia to consider and approve the issue price, as permitted under the provisions of Chapter VI of SEBI ICDR, 2018, as amended, for the Equity Shares of face value Rs. 5 (Rupees Five Only) each to be allotted to Qualified Institutional Buyers by the Company, pursuant to SEBI ICDR Regulations and Sections 42 and 62 of the Companies Act, 2013, as amended (including the rules made thereunder). As per Godrej Properties Limited Code of Conduct for Prevention of Insider Trading (the 'Code'),the trading window for dealing in the securities of the Company is closed from June 25, 2019 till June 30, 2019 (both days inclusive) for all Designated Persons as defined in the Code for the aforesaid purpose. Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
Pursuant to the approval accorded by the Board of Directors of the Company (the 'Board'), at its meeting held on April 30, 2019 and special resolution passed by the shareholders of the Company on June 08, 2019, through postal ballot, the QIP Committee of the Board ('the Committee') has, at its meeting held on June 25, 2019, inter-alia, passed resolutions for the following: a. Approving and adopting the preliminary placement document dated June 25, 2019 in connection with the Issue; b. Authorising the opening of the Issue on June 25, 2019; and c. Approving the floor price for the Issue. Further, in terms of the SEBI ICDR Regulations, the Committee has fixed the ''Relevant Date'' for the purpose of the Issue as June 25, 2019 and accordingly the floor price in respect of the aforesaid Issue, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is ?928 (Rupees Nine Hundred and Twenty Eight Only) per Equity Share. Pursuant to the SEBI ICDR Regulations, the issue price will be determined by the Company in consultation with the book running lead managers appointed for the QIP. The meeting of the QIP Committee commenced at 04:45 p.m. and concluded at 05.15 p.m. Kindly take the same on record. Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Dear Sir/Madam, Sub: Update on Godrej Properties Limited Employees Stock Grant Scheme, 2011 Please note that pursuant to the provisions of the Godrej Properties Limited Employees Stock Grant Scheme, 2011 (the 'GPL ESGS'), the option grantees have exercised 70,363 stock grants equivalent to 70,363 Equity Shares of face value of Rs. 5/- each of the Company (the 'Equity Shares') during the exercise period. Accordingly, the duly authorised Allotment Committee of the Board of Directors of the Company has at its meeting held on June 17, 2019 allotted 70,363 Equity Shares of Rs.5/- per Equity Share to the option grantees in terms of the GPL ESGS. Consequently, with effect from June 17, 2019, the issued, subscribed and paid up capital of the Company stands increased to Rs. 1,14,69,70,380 consisting of 22,93,94,076 equity shares of Rs. 5/- each. This is for your information as also for the information of your members and the public at large. Thank you,