Credit Rating

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 Accordingly, at the request of the Company, ICRA vide its letter dated July 21, 2026, has withdrawn the credit rating assigned to the said NCDs pursuant to full redemption of the said NCDs.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ICRA Limited Non–Convertible 5,250 [ICRA]AA+ (Stable) Reaffirmed Debentures Non–Convertible 750 [ICRA]AA+ (Stable) Withdrawn Debentures after full redemption Commercial Paper 3,500 [ICRA]A1+ Reaffirmed Long/Short Term - 11,000 [ICRA]AA+ (Stable) Reaffirmed Fund-based/Non- (long-term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