Economy
Godrej Properties shares fall 7% over Gurugram project dispute settlement
Livemint1h
THE BRIEF
1
Godrej Properties share price fell over 7% to a day's low of ₹1,734.65 on BSE as investors reacted to developments surrounding its Godrej Air Project dispute.
2
The company disclosed an estimated financial impact of approximately ₹70 crore regarding the final settlement agreement signed on August 25, 2026.
3
The Bombay High Court recorded the execution of the settlement on September 3 and scheduled the next hearing for September 24 to report compliance.