Godrej Properties Limited — Important, 25-06-2025: Sale or disposal

Godrej Properties has announced a board meeting on June 30, 2025, to consider the financial results for the quarter and half-year.

The company completed stake sales to its promoter group entity, Godrej Ventures and Investment Advisers Private Limited (GVAIAPL), involving related party transactions at arm's length based on fair valuations. GPL sold 2.5% in Madhuvan Enterprises for Rs. 3.25 crore, GPDL sold 2.5% in Munjal Hospitality for Rs. 33.44 crore, and 2.5% in Vagishwari Land Developers for Rs. 17.27 crore. These disposals have a marginal impact on overall profitability and net worth.