Godrej Properties is seeking shareholder approval through a postal ballot to re-designate Pirojsha Godrej as the company’s Non-Executive Non-Independent Director and Chairperson. The resolution requires an ordinary vote from members holding shares as on the cut-off date of August 14, 2026.

The re-designation marks a shift in Godrej’s role from Whole-time Director designated as Executive Chairperson to a non-executive capacity, effective August 14, 2026. Consequently, he ceases to be a Key Managerial Personnel of the company. This transition follows the retirement of Nadir Godrej as Chairperson and Managing Director of Godrej Industries Limited and Pirojsha Godrej’s succession as Executive Chairperson of the group.

Governance and Voting Details

The Board of Directors approved the proposal on August 13, 2026, based on the recommendation of the Nomination and Remuneration Committee. Pursuant to Regulation 17(1C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, member approval is required within three months of the appointment or at the next general meeting, whichever is earlier.

Remote e-voting will be facilitated by KFin Technologies Limited. The voting window opens at 9:00 am on Friday, August 21, 2026, and closes at 5:00 pm on Saturday, September 19, 2026. Results will be declared on or before Monday, September 21, 2026. Mr. Ashish Kumar Jain, company secretary in practice, has been appointed as scrutinizer for the process.

Role and Remuneration

As Non-Executive Non-Independent Director and Chairperson, liable to retire by rotation, Pirojsha Godrej will provide strategic guidance and oversee the company’s long-term vision. His remuneration will consist of sitting fees for attending Board and Committee meetings, reimbursement of travelling and incidental expenses, and commission within limits approved by members. The specific remuneration structure is governed by the company’s Nomination & Remuneration Policy.

Godrej holds 10 shares in his individual capacity and 3,10,130 shares as a trustee of trusts. He currently serves as Executive Chairperson of Godrej Industries Limited and Chairperson of Godrej Industries Group, alongside roles at Godrej Consumer Products, Godrej Capital, and Godrej Ventures.

Godrej Industries Limited appointed Pirojsha Godrej as Whole-Time Director designated as Executive Chairperson, effective August 14, 2026. The Board of Directors approved the re-designation on August 13, 2026, subject to shareholder approval via postal ballot. This move is part of a planned generational transition within the Godrej Industries Group, succeeding Nadir Godrej.

Leadership Transition Details

Pirojsha Godrej will serve as Executive Chairperson of Godrej Industries Limited and Chairperson of the Godrej Industries Group starting August 14, 2026. His term runs until August 13, 2031. Consequently, he becomes a Key Managerial Personnel (KMP) of the company from the effective date.

This appointment follows his earlier designation as Chairperson-Designate in April 2026 and subsequent appointment as Chairperson of the Board and Group in August 2026. The re-designation was recommended by the Nomination and Remuneration Committee.

Strategic Context and Profile

Pirojsha Godrej is a member of the Promoter Group. He currently serves as Chairperson of Godrej Properties, Godrej Capital, and Godrej Ventures. Under his leadership, the Godrej Industries Group achieved over 20% compounded annual growth in sales and net profits over the five years leading up to FY26.

The Group’s publicly listed businesses had a market capitalization exceeding $20 billion as of April 2026. Godrej Consumer Products and Godrej Properties were ranked number one globally in their respective categories on the Dow Jones Best-in-Class Indices in 2025. Godrej Properties also topped the Global Real Estate Sustainability Benchmark (GRESB) in 2025.

Pirojsha Godrej holds an MBA from Columbia Business School, a Master’s in International Affairs from Columbia University, and graduated from the Wharton School of Business. He led Godrej Properties to become India’s largest residential real estate developer by sales in FY21.

Regulatory Disclosures and Governance

The company made the disclosure pursuant to Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The Board also updated the list of KMPs authorized to determine materiality for disclosures under Regulation 30(5). The authorized personnel include:

• Vishal Sharma, Executive Director and CEO (Chemicals)
• Clement Pinto, Chief Financial Officer
• Anupama Kamble, Company Secretary and Compliance Officer

A postal ballot notice dated August 13, 2026, was approved by the Board. The cut-off date for determining shareholder eligibility to vote is Friday, August 14, 2026. Pirojsha Godrej is not debarred from holding office by SEBI or any other statutory authority.