Godrej Properties Limited — JV/Acquisition, 09-07-2026: Amalgamation/Merger

Godrej Properties (GPL) is amalgamating its wholly-owned subsidiary, Embellish Houses Private Limited (EHPL). This merger aims to consolidate the real estate business, streamline the group structure, boost operational efficiency, and reduce costs. The NCLT has sanctioned the scheme. As EHPL is a wholly-owned subsidiary, existing GPL shareholders face no dilution; no new shares will be issued. The scheme will be effective once the certified NCLT order is filed with the Registrar of Companies. This move simplifies operations and benefits long-term structural efficiency for GPL.