iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Godrej Properties incorporates new subsidiary Godrej Living; Stock slumps 6%

3 Feb 2022 , 03:12 PM

Godrej Properties Limited has incorporated a wholly-owned subsidiary, viz., Godrej Living Private Limited (GLPL) on February 01, 2022.

The authorised and paid-up capital of GLPL is Rs10,000. The entire shares of GLPL have been subscribed by Godrej Properties and Godrej Projects Development Limited (GPDL), a subsidiary of the Company (as a nominee of the Company).

The Company would hold 100% share capital in GLPL and consequently become a related party of the Company.

“GLPL has been incorporated for providing Facilities Management Services such as Housekeeping, house maintenance, Landscaping, Interior Plants, External Façade Cleaning, Valet Parking, Club house management, Pest Control, fitness centre, security, cleaning and vacuuming, facility maintenance etc.,” company said in a filing on Wednesday.

Towards close of trade on Thursday, Godrej Properties Ltd was trading at Rs1,674.55 per share down by Rs109 or 6.11% from its previous closing of Rs1,783.55 per share on the BSE.

Related Tags

  • GLPL
  • Godrej Living
  • Godrej Projects Development Limited
  • Godrej Properties Limited
  • Godrej Properties news
  • Godrej Properties share price
  • Godrej Properties stock price
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.