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Godrej Properties: The GST order is over alleged non-payment of GST in relation to one of the project developed by Godrej Landmark Redevelopers in Mumbai.
Godrej Properties rose 1.90 per cent to hit a high of Rs 1,565.85. It is up 25 per cent year-to-date. The land parcel is strategically located near Samrudhhi Mahamarg, the expressway connecting Mumbai & Nagpur.
In a separate regulatory filing, Godrej Properties said that it has acquired about 109 acres land parcel near Samrudhhi Mahamarg, Nagpur.
Godrej Properties' net consolidated total revenue stood at Rs 1,265.98 crore, a growth of 196.90 per cent from Rs 426.40 crore it recorded in the similar quarter last year.
Power Grid Corporation of India said that the meeting of the board of directors of the company is scheduled on 17 June 2021 to consider declaration of bonus shares. Godrej Projects Development, a wholly-owned subsidiary of the Godrej Properties has acquired 20% issued and paid-up share capital of Vagishwari Land Developers (VLDPL). Pursuant to the acquisition, VLDPL has become an associate company of Godrej Projects Development and consequently of Godrej Properties. Yes Bank said the board of directors of the bank considered and approved seeking shareholders' approval for borrowing/raising fu...