BSECompany Update1d ago · 21 Jul 2026, 07:25 pm
Please find enclosed herewith Intimation for Credit Rating of ICRA Limited.
Godrej Properties Ltd · 533150
✦ AI SummaryDebt Restruc.
Godrej Properties Ltd has informed that the Non-Convertible Debentures (NCDs) amounting to Rs. 750 crore, rated by ICRA Limited, has been fully repaid on maturity dated July 03, 2026. ICRA has withdrawn the credit rating assigned to the said NCDs and reaffirmed its rating assigned to the other instruments of the Company.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Godrej Properties Ltd - 533150 - Announcement under Regulation 30 (LODR)-Credit Rating
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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
July 21, 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 pursuant to SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Dear Sir/ Madam,
Pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that, the Non-
Convertible Debentures (“NCDs”) bearing ISIN INE484J08048 issued by the Company
amounting to Rs. 750 crore, rated by ICRA Limited (“ICRA”), has been fully repaid on maturity
dated July 03, 2026. Accordingly, at the request of the Company, ICRA vide its letter dated July
21, 2026, has withdrawn the credit rating assigned to the said NCDs pursuant to full redemption
of the said NCDs.
However, the rating assigned by ICRA to the proposed/existing NCDs of the Company
amounting to Rs. 5,250 crore remains unchanged. Further, the ICRA has reaffirmed its rating
assigned to the other instruments of the Company.
The current ratings assigned to the instruments of the Company are as follows:
Rating Agency Instrument Amount Ratings Rating
(Rs. in crore) Actions
ICRA Limited Non–Convertible 5,250 [ICRA]AA+ (Stable) Reaffirmed
Debentures
Non–Convertible 750 [ICRA]AA+ (Stable) Withdrawn
Debentures after full
redemption
Commercial Paper 3,500 [ICRA]A1+ Reaffirmed
Long/Short Term - 11,000 [ICRA]AA+ (Stable) Reaffirmed
Fund-based/Non- (long-term rating)
fund-based bank [ICRA]A1+
facilities (short-term rating)
Request you to take the same on record.
Thank you.
Yours truly,
For Godrej Properties Limited
Ashish Karyekar
Company Secretary