Godrej Properties Limited has fixed Tuesday, July 28, 2026, as the record date to determine shareholder eligibility for a dividend of ₹10 per equity share. The Board recommended this dividend, which is 200% of the face value of ₹5 each, for the financial year ended March 31, 2026. The payout is subject to shareholder approval at the 41st Annual General Meeting (AGM) scheduled for Tuesday, August 04, 2026, at 2:30 p.m. IST via Video Conferencing (VC) or Other Audio Visual Means (OAVM). If approved, the dividend will be paid electronically on or before Thursday, September 03, 2026.

E-Voting and Participation Details

Shareholders can participate in the AGM and cast votes through the remote e-voting facility provided by National Securities Depository Limited (NSDL). The remote e-voting period commences on Thursday, July 30, 2026, at 09:00 a.m. IST and concludes on Monday, August 03, 2026, at 05:00 p.m. IST. Members must select EVEN-139986 to cast their votes electronically. Those who have not voted remotely may vote during the AGM via the e-voting module, which will be disabled 15 minutes after the meeting concludes. Only members whose names appear in the records of the Registrar of Members or Depositories as of the cut-off date of July 28, 2026, are entitled to vote.

Compliance and Documentation Requirements

The company has mandated that shareholders holding shares in physical form must furnish their PAN, contact details, bank account details, specimen signature, and nomination details (KYC) to the Registrar & Share Transfer Agent, KFin Technologies Limited. Failure to update these details will result in the withholding of dividend payments against physical shares. Members holding shares in dematerialised form are requested to update their bank details with their Depository Participants to avoid delays. Documents for tax exemption under the Income Tax Act, 2025, must be submitted online.

Tax Deduction at Source (TDS)

Godrej Properties has outlined the TDS provisions applicable to the dividend. For resident shareholders with a valid PAN, TDS is deducted at 10%, while those without a valid PAN or Aadhaar link face a 20% deduction. Resident individuals are exempt if the total dividend does not exceed ₹10,000 during the Tax Year 2026-27. Non-resident shareholders are subject to a 20% TDS (plus surcharge and cess) unless they provide valid documents such as a Tax Residency Certificate (TRC) to claim benefits under Double Taxation Avoidance Agreements (DTAA).

The National Company Law Tribunal (NCLT), Mumbai Bench, has sanctioned the scheme of amalgamation of Embellish Houses Private Limited with Godrej Properties Limited . The order, pronounced on July 8, 2026, approves the merger under Sections 230 to 232 of the Companies Act, 2013. The appointed date for the scheme is fixed as November 1, 2025, and it will become effective upon filing the certified order with the Registrar of Companies.

The Board of Directors of both companies approved the scheme on November 6, 2025. As Embellish Houses Private Limited is a wholly owned subsidiary of Godrej Properties Limited, no shares will be allotted to discharge the consideration. The existing share certificates of the transferor company will be deemed cancelled upon the scheme becoming effective.

The rationale for the amalgamation includes the consolidation of the real estate business to achieve operational efficiency and a streamlined group structure. The merger is expected to reduce the multiplicity of legal entities, pool technical resources, and rationalize administrative and operational costs.

Key Details of the Scheme

The scheme is binding on the applicant companies, their shareholders, and creditors. The transferor company will stand dissolved without being wound up once the scheme becomes effective. The Regional Director, Ministry of Corporate Affairs, and the Income Tax Department raised observations which were addressed by the companies, leading to no objections to the approval.

Godrej Properties Limited is required to file a certified copy of the order with the Registrar of Companies within 30 days of receipt. The company must also submit the order to the Superintendent of Stamps for adjudication of stamp duty within 60 days.