Please note that pursuant to the provisions of the Godrej Properties Limited Employees Stock Grant Scheme, 2011 (the 'GPL ESGS'), the option grantee has exercised 480 stock grants equivalent to 480 Equity Shares of face value of Rs. 5 each of the Company (the 'Equity Shares') during the exercise period. Accordingly, the duly authorised Allotment Committee of the Board of Directors of the Company has at its meeting held on February 27, 2023 allotted 480 Equity Shares of Rs.5 per Equity Share to the option grantee in terms of the GPL ESGS. Consequently, with effect from February 27, 2023, the issued, subscribed and paid up capital of the Company stands increased to Rs.1,39,01,07,220 consisting of 27,80,21,444 equity shares of Rs. 5 each.