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| Exchange Received Time 04/05/2018 17:46:21 Exchange Disseminated Time 04/05/2018 17:46:29 Time Taken 00:00:08 | Further to our letter dated May 4, 2018 informing about the decision of the Board of Directors of Godrej Properties Limited (the 'Company'), to issue 1,27,65,000 equity shares of the Company of the face value of Rs. 5 each ('Equity Shares') at a price of Rs. 783.50 (which includes a premium of Rs. 778.50 per Equity Share) aggregating to Rs. 1000,13,77,500 (Rupees One Thousand Crore Thirteen Lakh Seventy Seven Thousand and Five Hundred) to Gamnat Pte. Ltd. ('Investor') on preferential basis, please note that the Company has entered into an investment agreement with the Investor today i.e. May 4, 2018 ('Investment Agreement').
The details as required under the SEBI LODR read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 with respect to the Investment Agreement are given in Annexure A.
We request you to kindly take the same on record.
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