On August 20, 2025, Godrej Properties Limited announced that it had signed an agreement to acquire a 7% equity stake in Godrej Skyline Developers Limited (GSDL). The deal involves the purchase of 92,500 equity shares of ₹10 each at a total value of ₹9,25,000. Completion of the transaction is scheduled for August 21, 2025.
The acquisition is being carried out under a Securities Purchase Agreement with an existing shareholder of GSDL. Godrej Properties has confirmed that the transaction is not classified as a related party transaction, and no promoter group companies hold an interest in the entity. The consideration for the acquisition is in cash.
GSDL was incorporated on November 22, 2016. The company is engaged in real estate development and related activities, with a focus on residential projects in Mamurdi, Pune. Its registered office is in Mumbai. The firm reported a turnover of ₹5,270.80 Lakhs in FY25, compared with ₹27,297.44 Lakhs in FY24 and ₹23,072.54 Lakhs crore in FY23. The paid-up share capital of GSDL is ₹132.14 Lakh.
In the quarter ending June 2025, Godrej Properties reported a net profit of ₹600 crore, showing a 15.4% rise compared with the same period last year. Revenue for the quarter stood at ₹435 crore, marking a 41% decline year-on-year. The company also posted an EBITDA loss of ₹243 crore.
During the same period, it launched 6 new projects across four cities, with a total sales potential of around ₹8,500 crore.
Read more: Godrej Properties Purchases 48 Acre Land in Doddaballapur, Bengaluru!
As of 21 August 2025, 10:11 AM, Godrej Properties share price was trading at 2,065, a 1.14% increase from the previous closing price.
Through this transaction, Godrej Properties has acquired a minority stake in GSDL. The addition comes alongside the company’s ongoing project launches and financial performance updates in the current financial year.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Aug 21, 2025, 10:32 AM IST
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