Godrej Properties Limited

Regd. Office: Godrej One, 5th Floor, Pirojshanagar, Eastern Express Highway,

Vikhroli (E), Mumbai - 400 079. India Tel.: + 91-22-6169 8500

Fax: + 91-22-6169 8888

Website: www.godrejproperties.com

CIN: L74120MH1985PLC035308

September 14, 2022

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai - 400 001

The National Stock Exchange of India Limited

Exchange Plaza,

Plot No. C/1, G Block,

Bandra Kurla Complex,

Bandra (East)

Mumbai - 400 051

Ref: Godrej Properties Limited

BSE - Script Code: 533150, Scrip ID - GODREJPROP

BSE - Security Code - 959822 - Debt Segment

NSE - GODREJPROP

Sub: Announcement under Regulation 30 and 51(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Credit Rating

Dear Sir/Madam,

Further to our intimation dated July 29, 2022 and pursuant to Regulation 30 and 51(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that ICRA Limited, rating agency vide their letters dated September 14, 2022, has reaffirmed/assigned the credit ratings for the enhanced limit for following instruments of the Company:

Instrument

Amount

Ratings

Rating Actions

(Rs. in crore)

Long/Short Term -

4,500

[ICRA]AA+(Stable)

Reaffirmed/assigned the

Fund-based/Non fund based

(long-term rating)

ratings for the enhanced

[ICRA]A1+

limit of Rs. 4,500 crore

from Rs. 2,500 crore

(short-term rating)

Non-Convertible

1,000

[ICRA]AA+ (Stable)

Reaffirmed

Debenture Program

Commercial Paper

1,500

[ICRA]A1+

Reaffirmed

Kindly take the above on record.

Thank you.

Yours truly,

For Godrej Properties Limited

Ashish Karyekar

Company Secretary & Compliance Officer

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Godrej Properties Ltd. published this content on 14 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2022 17:59:02 UTC.