Godrej Properties Limited — Important, 02-05-2025: General Updates

Godrej Properties has announced a board meeting to approve employee stock grants. The Nomination and Remuneration Committee approved 24,829 stock options at an exercise price of ₹5 each, vesting over three years. Meanwhile, 2,726 stock grants have lapsed and are no longer claimable. This reinforces the company’s focus on employee incentives, aiding retention and motivation.