Stake Acquisiton - Godrej Properties Ltd

Code BSE: 533150 NSE:

Godrej Properties Limited on August 20, 2025, has entered into an agreement in relation to the acquisition of 7% equity shares of Godrej Skyline Developers Limited (Formerly known as Godrej Skyline Developers Private Limited) from its existing shareholder. Total consideration of Rs.9,25,000 .GSDL, incorporated on November 22, 2016, is primarily engaged in the business of Real estate development, and related activities and sale of residential project in Mamurdi, Pune, having its registered office in Mumbai. The acquisition is done in accordance with the Securities Purchase Agreement entered into with the shareholder of GSDL.