NSEGeneral Updates3d ago · 18 Sept 2026, 04:42 pm
General Updates
Godrej Properties Limited · GODREJPROP
✦ AI Summary
Godrej Properties Limited has informed the Exchange about General Updates regarding the approval of stock grants under GPL ESGS and the lapse of 985 stock grants.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Godrej Properties Limited has informed the Exchange about General Updates
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GODREJPROP_18092026164049_SEIntimation18092026.pdf
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Godrej Properties Ltd.
Godrej One, 5th Floor,
Pirojshanagar,
Eastern Express Highway,
Vikhroli (E), Mumbai - 400 079, India
Tel.: +91-22-6169-8500
Fax: +91-22-6169-8888
Website: www.godrejproperties.com
CIN: L74120MH1985PLC035308
September 18, 2026
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400 001
National Stock Exchange of India Limited
Exchange Plaza,
Plot No. C/1, G Block,
Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051
Ref: Godrej Properties Limited
BSE - Script Code: 533150, Scrip ID – GODREJPROP
BSE - Security Code - 974951, 975090, 975091, 975856, 975857, 976000 - Debt Segment
NSE Symbol - GODREJPROP
Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015, pertaining
to Godrej Properties Limited Employee Stock Grant Scheme, 2011 (GPL ESGS)
Dear Sir/ Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to
time, we wish to inform you that the Nomination and Remuneration Committee (“the
Committee”) of the Board of Directors of the Company, approved the following matters
through Circular Resolution on September 18, 2026:
1. Issue of Stock grants under GPL ESGS:
The Committee has approved grant of 1,238 (One Thousand Two Hundred and Thirty
Eight) stock options to eligible employees of the Company under the GPL ESGS, subject
to the provisions of the Securities and Exchange Board of India (Share Based Employee
Benefits and Sweat Equity) Regulations, 2021, as amended from time to time at an
exercise price of ₹5 (Rupee Five Only) per option.
Each stock option entitles the holder to apply for 1 (one) Equity Share of the Company
of Face Value of ₹5 (Rupee Five Only) each.
The options shall vest over a period of 3 (three) years and are exercisable within 1 (one)
month from the date of vesting or such other period as may be determined by the
Nomination and Remuneration Committee.
2. Noting of lapse of Stock Grants under GPL ESGS:
The Committee has taken a note of lapse of 985 (Nine Hundred and Eighty-Five) stock
grants issued under the GPL ESGS to eligible employee. Consequent to lapse of the stock
grants, the said employee shall have no right to claim any part of it.
Kindly take the same on record.
Thank you.
Yours truly,
For Godrej Properties Limited
Ashish Karyekar
Company Secretary