• SENSEX 77,966.35
    -187.90 (--0.24%)
  • BANKNIFTY 57,885.85
    439.60 (+0.77%)
Back

Corporate News

Godrej Properties’ board approved amalgamation with Godrej Housing Projects, pending approvals
04-Aug-2026, 01:06
Godrej Properties Limited announced that its board of directors has approved a scheme of amalgamation with Godrej Housing Projects Private Limited, formerly Godrej Housing Projects LLP, subject to regulatory approvals. Godrej Properties Limited currently holds 95% of the paid-up equity share capital of Godrej Housing Projects Private Limited, with the remaining 5% held by Godrej Projects Development Limited, a wholly-owned subsidiary of Godrej Properties Limited, making Godrej Housing Projects Private Limited an indirect wholly owned subsidiary of Godrej Properties Limited. The amalgamation is intended to consolidate the real estate business, streamline the group structure, and improve operational efficiency, with Godrej Properties Limited's paid-up capital as of June 30, 2026, standing at Rs 150.61 crore and turnover at Rs 121.09 crore.