Godrej Properties Limited — Others, 04-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Godrej Properties Limited has announced a board meeting to discuss the financial results for the quarter and half-year ending December 31, 2024. The company confirmed that there has been no deviation in the use of funds raised through a Qualified Institutional Placement amounting to ₹6000 crore, conducted on December 3, 2024. Proceeds will support business growth, including land acquisitions and working capital needs. This assurance of fund utilization stability may bolster investor confidence, reflecting positively on the company’s financial management and strategic operations.